Strike Granted BitLicense and Money Transmitter License in New York

Bitcoin financial services company can now offer its products and services to New Yorkers.

Published on Mar. 6, 2026

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Bitcoin financial services company Strike has been granted a BitLicense and Money Transmitter License by the New York State Department of Financial Services (NYDFS). The approvals authorize Strike to offer its suite of Bitcoin products and services to individuals and businesses across the state of New York.

Why it matters

The BitLicense and Money Transmitter License allow Strike to expand its Bitcoin-focused financial services, including buying and selling Bitcoin, paycheck direct deposits, recurring buys, and bill pay, to the large consumer and business market in New York, a global financial hub. As a regulated custodian, Strike must adhere to strict audits, capital requirements, and cybersecurity standards, providing New Yorkers with a high level of trust and accountability.

The details

With the new licenses, New York residents and businesses can now access Strike's comprehensive Bitcoin financial services platform, including buying and selling Bitcoin, converting paychecks to Bitcoin, setting price-triggered orders, automating recurring Bitcoin purchases, and paying bills directly from a Bitcoin balance. All Bitcoin and cash holdings are held 1:1 and customers can withdraw to cold storage at no cost.

  • On March 6, 2026, Strike announced it had received the BitLicense and Money Transmitter License from the NYDFS.

The players

Strike

A Bitcoin financial services company that provides brokerage, savings, and payment services built on open Bitcoin infrastructure.

New York State Department of Financial Services (NYDFS)

The government agency that regulates and supervises the financial services industry in the state of New York, including granting BitLicenses and Money Transmitter Licenses.

Jack Mallers

The Founder and CEO of Strike.

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What they’re saying

“Receiving our BitLicense is a defining milestone for Strike. Strike is building the leading Bitcoin financial institution. With our BitLicense, we can now bring that mission to New York, the global center of finance. We operate at the highest standards, delivering brokerage, savings, and payments on open monetary infrastructure built for the long term. We look forward to serving New Yorkers with secure, open, and Bitcoin-native financial services.”

— Jack Mallers, Founder and CEO of Strike (fxnewsgroup.com)

What’s next

With the new licenses, Strike can now begin offering its full suite of Bitcoin financial services to individuals and businesses across New York state.

The takeaway

The granting of the BitLicense and Money Transmitter License to Strike represents a significant milestone for the company and the broader adoption of Bitcoin-based financial services in a major financial hub like New York. It demonstrates the state's willingness to embrace innovative financial technologies while maintaining high standards of regulation and consumer protection.