Bitcoin payment app Strike has shown its commitment to its native U.S., announcing that its primary headquarters will continue to stay in Chicago.
The announcement came several days after the firm established new headquarters in El Salvador, where Bitcoin (BTC) became legal tender in September 2021, as its international hub.
The headquarters in Chicago will oversee the operations in the U.S., while the El Salvador-based offices will supervise the global operations.
- Strike also recently expanded its services to 65 countries in Africa, Latin America, Eastern Europe, Asia, and the Caribbean from just three.
- Before the expansion, the platform was operational only in the U.S., El Salvador, and Argentina.
- The new headquarters in El Salvador was first announced by Strike CEO Jack Mallers at the Bitcoin 2023 conference in Miami.
- During his keynote speech at the conference, Mallers compared El Salvador's crypto-friendly climate to the strict regulatory environment in the U.S.
- In the event, Strike CEO said El Salvador introduced crypto-inclusive regulations to boost technological innovation in the country, while the U.S. regulations prevented Strike from offering its services in certain states, including New York.
The U.S.-based crypto exchange Coinbase CEO Brian Armstrong also recently said the firm is still fully committed to the U.S. despite the regulatory uncertainty in the country, its legal conflict with the U.S. Securities and Exchange Commission (SEC), and its intensified global expansion attempts.