"Strike Goes Global: Bitcoin Payments App Expands to 65 Countries and Moves HQ to El Salvador"

Strike, a Bitcoin-powered payments app, is expanding to 65 global markets, including El Salvador, where it has moved its global headquarters. The company aims to become a global crypto-powered equivalent to Venmo or Cash App. Strike's expansion comes as the U.S. crypto industry is confronting regulatory uncertainty, and as the Securities and Exchange Commission is suing firms for offering unregistered securities. Strike's CEO, Jack Mallers, said the company's Bitcoin-first approach is a validation of its regulation-first approach in the U.S. Strike's next challenge will be to expand its ties to banking services that let customers exchange Bitcoin for fiat currency.