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Strike Gets New York BitLicense. Here's Why It Matters
Jack Mallers' Strike just got fully licensed by New York's financial regulator (NYDFS).
What's unlocked for New Yorkers:
➜ Buy and sell Bitcoin
➜ Convert paychecks to $BTC (fee-free up to $20K/month)
➜ Pay bills directly from Bitcoin balance
➜ Free withdrawals to self-custody wallets
Strike holds all customer funds 1:1. No lending, no risk games. A direct lesson from BlockFi and Celsius collapses.
Strike now joins Coinbase and Robinhood as licensed Bitcoin operators in New York.
Next up: Bitcoin-backed lending. Borrow cash without selling your BTC.