Strike has received NYDFS approvals to operate a Bitcoin brokerage in New York, enabling recurring buys and paycheck-to-Bitcoin conversions for residents. The move clears regulatory hurdles and expands retail access to BTC in one of the U.S.’s most tightly regulated markets.
Strike has lengthened the margin call recovery window and adjusted loan-to-value limits for its bitcoin-backed loans. The moves are intended to give borrowers more time to restore collateral as crypto markets remain volatile.