Strike obtains BitLicense from New York State to provide encryption services

Bitcoin payment application Strike announced that it has obtained a BitLicense license from the New York State Department of Financial Services to conduct cryptocurrency services locally. Strike has also launched a Bitcoin collateralized credit limit service, which supports users to borrow fiat currency in real-time for lightning payments or bill payments. The initial launch will be in Georgia and Massachusetts, and will be expanded to more states in the United States.