International Business Times: Bitcoin Digital Currency Booming In Cyprus Amidst Banking Crisis, Virtual Money Surging In Popularity

International Business Times

Bitcoin Digital Currency Booming In Cyprus Amidst Banking Crisis, Virtual Money Surging In Popularity Mar 27th 2013, 12:08 The Bitcoin is getting a boost during Cyprus' banking crisis. The emerging digital currency has no physical form and functions with few regulations. In the past two weeks the value of one Bitcoin jumped from $40 to $72, mostly due to worried European investors buying up the currency in face of Cyprus' economic woes, ABC News reports.

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