As the Greek financial crisis continues bringing down the value of stock prices and the euro world wide, use and interest in digital currency bitcoin has skyrocketed. Bitcoin companies internationally are reporting huge spikes in […]
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As the Greek financial crisis continues bringing down the value of stock prices and the euro world wide, use and interest in digital currency bitcoin has skyrocketed. Bitcoin companies internationally are reporting huge spikes in […]
Greek officials scrambled over the weekend to prevent the country’s financial system from collapsing in panic, with banks in the eurozone nation staying shut on Monday. The capital controls, designed to prevent badly needed currency […]
In what looks to become a trend, reports emerged today that Greece is finalizing capital controls that will take the form of a tax on withdrawals. The country is also considering a ‘ceiling’ on the […]
Stunning news out of Switzerland this weekend where a Swiss pension fund manager, after calculating that he would save at least 25,000 CHF per year on every CHF 10m deposit due to negative interest rates, […]
The latest developments in Greece do not appear to be positive. Last week, the Greek government seized “excess cash” from municipal government to replenish the central bank coffers so that Athens would be able to […]
Greek citizens awoke this morning to their country being one step closer to bankruptcy. Yesterday, following weeks of intense speculation, Greece finally launched its first round of capital controls, when it declared that due to […]