Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?

Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?

“The best monetary network in human history is here, it's open, and will disrupt the world quicker than anyone thinks. Open networks win,” said Strike CEO Jack Mallers. Strike’s digital wallet has become the fifth most popular finance app in Argentina within a week of its launch.The firm, led by hoodie-wearing CEO Jack Mallers, rolled out its crypto payment services for the Argentinian market on Jan 12. Strike is famed for enabling Bitcoin (BTC) payments via the Lightning network, particularly in El Salvador. However, according to local media and user reports, the firm’s app in Argentina....


Related News

Strike Arrives in Argentina With USDT Support, No Bitcoin Integration Yet

Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be held in the form of USDT, with no option for storing bitcoin, at least at launch. Strike Brings Stablecoin Integration to Argentinians Strike, a popular bitcoin-based wallet, has launched in Argentina, bringing a new way for Argentinians to store their....

Bitcoin Service Provider Strike Becomes 5th Major Finance Centric Application...

Strike wallet is one of the leading financial platforms in Argentina that provides an easy Bitcoin payment transaction through Lighting Network. In addition, the platform incorporates a Bitcoin network, allowing users to perform worldwide payment rails. For these transactions to be successful, payments on the Strike platform are exchanged for BTC. The transactions move forward […]

Central Bank of Argentina Issues New Compliance Rules for Digital Wallets

The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as financial users, having new protections similar to those offered by banks and other financial institutions. Central Bank of Argentina Strengthens Digital Wallet Supervision The rise of digital money and crypto in Argentina is causing regulators to pay attention. The Central Bank of Argentina recently issued a set of rules to heighten the level of protection users of popular digital....

Lightning Wallet Strike Now Enables Bitcoin Withdrawals

Strike CEO Jack Mallers announced this week that his Lightning Network payments platform is launching a Bitcoin withdrawal tab on its popular app.

Strike In Argentina, One Month Later: What Happened And What Is It Good For?

A month ago, with fanfare, Strike launched its App to the Argentinian market. A country facing ever-increasing inflation and an app that promises access to Bitcoin, “the best monetary network in human history.” The match seemed undeniable. However, an underwhelming first version of the app mixed with questionable technology usage tainted Strike’s launch. Less than […]