Ad
Bitcoin's value has soared in the past month (Photo: Zach Copley)

Interview

Bitcoin: Virtual currency gets boost from eurozone troubles

The eurozone crisis and its latest Cyprus episode has led to a boost in the value of an Internet-based currency known as bitcoin, with Finns now the largest per capita users.

One bitcoin was trading at over €100 on Wednesday (3 April), a tenfold increase compared to only three months ago.

The hike happened largely during the month of March, when the small island of Cyprus - a tax haven and banking hub for Russian oligarchs - shut down its banks for two weeks while negotiating the...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Bitcoin's value has soared in the past month (Photo: Zach Copley)

Tags

Ad

Related articles

Ad
Ad