Express

Strike Allows U.S. Users To Directly Convert Salary To Bitcoin

Mary Liu

Summary: Strike, a digital wallet based on the Bitcoin Lightning Network, announced the launch of the Pay Me in Bitcoin service on Thursday.  This option allows users to deposit their wages directly into their Strike account and choose to automatically convert to Bitcoin. Strike does not charge service fees, and there is no need to require ...

Strike, a digital wallet based on the Bitcoin Lightning Network, announced the launch of the Pay Me in Bitcoin service on Thursday. 

This option allows users to deposit their wages directly into their Strike account and choose to automatically convert to Bitcoin. Strike does not charge service fees, and there is no need to require employers to accept Bitcoin or accounting for it.

A Strike spokesperson stated that the new service is available in US states except for New York and Hawaii.

According to the database of state regulators, Strike provides services through Prime Trust, a licensed and regulated trust company in Nevada, and currently has currency transfer licenses in five states: Delaware, Michigan, Mississippi, New Mexico, and Washington.

By Mary Liu

Last Update:

Tags: ,
Link: Strike Allows U.S. Users To Directly Convert Salary To Bitcoin   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 4 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 10 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 13 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 14 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 17 days ago
  • You need to login to comment.