Greece, officially the Hellenic Republic, is a state in southern Europe. The capital and the largest city of the country is Athens. Greece is the heiress of Ancient Greece — the cradle of western civilization. Greece once had a strong and stable economy and was considered a developed country before the economic crisis in 2013, from which the country has struggled to bounce back. Because of the difficult financial situation, Bitcoin has become very popular in Greece and some experts attribute the popularity of the cryptocurrency and its rise in value to Greek traders. As authorities prohibited any money transfers to other countries in order to avoid any capital outflows from Greece, Bitcoin is currently one possible currency to make such operations.
The island nations of Malta and Cyprus are still ahead of their bigger neighbors when it comes to crypto regulation.
The state of crypto in Southern Europe: Malta leads the way
Despite record-breaking numbers this past summer tourist season, the local crypto scene in Greece sees no impact, says co-founder of local BCash Bitcoin ATMs Di...
How Bitcoin ATMs in Greece fare during a record-breaking tourist season
WeatherXM has deployed over 700 decentralized weather stations around the world to harvest local data, which provides station owners with utility tokens in retu...
Blockchain and crypto find use case in community-powered weather forecasting
As vaccinations continue to be rolled out globally, more countries are starting to open up their borders to tourists.
Walking on sunshine: Top crypto summer vacation destinations in 2021
The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies.
Russia's central bank says the pandemic has accelerated regulators' interest in CBDCs
The case against suspected Bitcoin money launderer Alexander Vinnik enters a new phase, Cointelegraph reaches out to Vinnik’s lawyers.
Alexander Vinnik Claims Injustice While Now Fighting Charges in France
According to a Facebook post by Alexander Vinnik’s lawyer, Zoe Konstantopoulou, the alleged BTC-e money launderer has successfully been extradited to France.
Accused Bitcoin Launderer Vinnik Reportedly Arrives at French Hospital