LATEST: Bitcoin Lightning App Strike Launches in UK for Global Transfers

Strike, the innovative Bitcoin and Lightning Network payments platform, has officially launched in the United Kingdom. The move targets the UK’s substantial economy and population, offering residents the ability to effortlessly buy, sell, and transfer Bitcoin. CEO Jack Mallers highlighted the strategic expansion as part of Strike’s mission to promote global Bitcoin adoption, enhancing financial inclusion and innovation across the UK.

The UK launch introduces unique features such as free unlimited GBP deposits, instant buying options, and “free” on-chain withdrawals designed to accommodate high network congestion periods. UK users also benefit from automatic conversion, scheduled purchases, and the ability to make instant global payments without restrictions via both the Bitcoin and Lightning Networks.

Amid regulatory challenges, Strike’s entry into the UK market demonstrates a significant commitment to facilitating seamless, cost-effective digital transactions. This expansion not only supports Bitcoin’s use at scale but also solidifies the UK’s evolving stance towards embracing cryptocurrency within its regulatory frameworks.

Source

76.7K Reads