Bitcoin Lightning Payment App strike Have Expanding into the UKThis will allow UK residents to buy, sell and send Bitcoin worldwide.
what’s new: #Bitcoin Lightning payments app Strike launches to millions across the UK 🇬🇧 pic.twitter.com/lIcW6xF7YG
— Bitcoin Magazine (@BitcoinMagazine) June 25, 2024
Founded by Jack MallardStrike aims to make bitcoin accessible through a mobile app powered by the Lightning Network, and with its UK launch, Strike is now available in 100 countries around the world.
Jack Mallers said that despite regulatory complexities, the company is committed to expanding Bitcoin adoption and providing its services on a global scale. “Our work is far from done,” he added.
To use Strike in the UK, users must pass a Bitcoin “suitability assessment” quiz required by local regulations, and the app also includes the customary risk warnings.
Strike offers several features to its UK customers, including the ability to buy bitcoin via instant bank transfer, set up subscriptions, and self-managed withdrawals.
This app is Lightning Network It enables instant, unlimited, and free global payments between Strike users, providing a frictionless international money transfer experience.
Strike says some companies have pulled out of the UK market, but its expansion reflects a belief in bitcoin’s potential, which the UK offers as the world’s sixth-largest economy.
strike It continues to work to make Bitcoin accessible to consumers and businesses around the world, and while region-specific regulations pose obstacles, the company aims to comply with regulations while still delivering on its core features.
