Strike moves to El Salvador and launches Bitcoin app in over 65 countries

Strike has announced the global launch of its crypto app in over 65 countries, expanding access to its payments and bitcoin services worldwide.

Previously, Strike has been available in the U.S., Argentina, and El Salvador, but it has now made the move of making the app available to a much wider audience.

“Strike is a global money app that gives everyone easy access to better payments and bitcoin”

The Chicago-based crypto firm is also relocating its headquarters to El Salvador in response to the regulatory environment in the United States and growing attractiveness of the Latin American country as a crypto hub.

El Salvador was the first country in the world to declare Bitcoin as legal tender, a move that even sparked outrage among the international community and calls for a policy reversal.

Now, Strike will be operated out of El Salvador while catering to more than 65 markets, offering a money app that leverages the power of Bitcoin and the Lightning Network. The platform is intended to help people that face social and economic adversity including hyperinflation, unstable local currencies, and lack of access to fundamental financial services.

Jack Mallers, Founder and CEO of Strike, said: “Everyone on planet Earth should have easy access to money that can’t be inflated by governments and a payments network that can’t be influenced by intermediaries. Emerging market economies have long been plagued by financial uncertainty, inflation, and predatory services threatening people’s ability to save, invest, and achieve financial stability. Bitcoin fixes this. Strike is a global money app that gives everyone easy access to better payments and bitcoin. It’s an experience billions of people need. That’s our mission, Better Money. It’s what we do.”