Odaily Planet Daily reports that Bitcoin payment app Strike has officially received a BitLicense from the New York State Department of Financial Services, allowing it to operate cryptocurrency services locally. Strike also announced the launch of a Bitcoin collateral credit line service, enabling users to borrow fiat currency in real-time for lightning payments or bill payments. Currently, this service supports low-threshold lending and will initially be launched in Georgia and Massachusetts, with plans to expand to more states across the United States.
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