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Bitcoin payment provider Strike relocates to El Salvador from | Russian Market

Bitcoin payment provider Strike relocates to El Salvador from US

Initially the company was based in Chicago, but now its global headquarters is moving to the country of volcanoes and Bitcoin.

Jack Mallers, the CEO and founder of Zap, Strike’s parent company, says that the decision was made because of much more welcoming nature for crypto in El Salvador.

Two years ago, people would have made fun of me [for our] headquarters in El Salvador to launch product for three billion people, but now Coinbase is fighting with Gary Gensler,” he said. “Who’s laughing now?

Apparently, crypto guys are getting tired of the US grip on financial power and look for better options.

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