As the world watches nervously, Greece, under pressure from the European Central Bank, takes the serious step of imposing capital controls: Banks are closed, ATM withdrawals are limited and funds cannot be sent out of the country. Capital controls will be in place at least until July 7 after Sunday’s citizens’ referendum that will ask Greeks if they want to remain in the European Union and accept their creditors’ terms. Will Bitcoin benefit from the current crisis? There’s lots of speculation that the rate of adoption of digital currencies may increase more rapidly as a result of the current crisis in Greece. CNN makes the case noting: “The world’s largest Bitcoin exchanges tell CNNMoney they’ve seen a surge of business […]
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