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 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
Greece’s Council of State ruled to extradite former operator of now-shuttered crypto exchange BTC-e Alexander Vinnik to France, against the wishes of Russia.
Greece Extradites Alleged Launderer of $4B in BTC Alexander Vinnik to France
The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnik’s rights.
Vinnik’s Children File a Complaint About Rights Violation to Greek Court
Greece’s top administrative court has suspended the decision to extradite Alexander Vinnik, who is accused of laundering billions of dollars through a cryptocur...
Greek Court Suspends Decision to Extradite Alleged Crypto Criminal
Alleged $4 billion BTC launderer Alexander Vinnik to be extradited to France despite Russia’s multiple efforts to bring him to the country of his citizenship.
Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France