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⛓️ Crypto🟢 BullishImportance 6/10

Jack Mallers’ Strike secures New York crypto and money licenses

CoinTelegraph|Cointelegraph by Ezra Reguerra|
Jack Mallers’ Strike secures New York crypto and money licenses
Image via CoinTelegraph
🤖AI Summary

Strike, Jack Mallers' Bitcoin payment platform, has secured cryptocurrency and money transmission licenses from the New York Department of Financial Services (NYDFS). This regulatory approval enables New York users to access Strike's Bitcoin brokerage services, recurring Bitcoin purchases, and paycheck-to-Bitcoin conversion features.

Key Takeaways
  • Strike obtained both cryptocurrency and money transmission licenses from New York's NYDFS.
  • New York users can now access Strike's Bitcoin brokerage and trading services.
  • The platform offers recurring Bitcoin purchase options for NY residents.
  • Strike's paycheck-to-Bitcoin conversion service is now available in New York.
  • This licensing represents Strike's expansion into one of the most regulated crypto markets in the US.
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