Bitcoin-powered payments app Strike, led by entrepreneur Jack Mallers, has expanded to 65 global markets in addition to the US, El Salvador and Argentina. The company aims to become a crypto-powered equivalent of Venmo or Cash App with its consumer-facing app offering Bitcoin and Tether transfers through frictionless onboarding. Strike's expansion into other global markets came about partly as a result of moving its global headquarters to El Salvador which passed a digital assets law earlier this year establishing a regulatory framework for crypto. Despite reports that businesses and residents of El Salvador are not using Bitcoin, Mallers cited increased tourism as evidence that "El Salvador found hope in Bitcoin".
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Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador
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FIFA President announces 'FIFA Coin' initiative
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