Greeks buy more bitcoins fearing Grexit and conversion into devalued drachmas

By July 4, 2015Bitcoin Business

A file photograph of some of Bitcoin enthusiast Mike Caldwell’s coins. (Reuters) Greeks are increasingly converting their euros into digital currency bitcoin due to fears that their money might be devalued into drachma following a referendum to decide the future of the country.

Various media reports said that Greek interest in the cryptocurrency increased, after the country imposed capital controls, limiting cash withdrawals to €60 (£43, $67) a day.

New customers depositing at least €50 with […]

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