After Greece and Cyprus, the Italian peninsula is sending alarming signals while new European banking rules are likely to constrain state action.
On 25 June, the Italian government formalized the rescue of two medium-sized mutual banks - Banco Popolare di Vicenza and Veneto Banca - on the brink of bankruptcy, after finding no investor in the markets to help them.
Such situations are causing investors all over Europe to question the safety of the banking system. The particular attributes of the unprecedented bailout of Cyprus' banks
in 2013 have led to a significant surge in Bitcoin price, as investors sought safe havens and access to liquidity. We have yet to see how future bank bailouts will impact the alternative financial systems proposed by cryptocurrencies.
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very interessent , thanks for sharing
followed Please feel free to upvote, resteem my posts and check out my other posts too. :)
Certainly will, I would have dropped more but time & space constraints
great post man .... you can also read this i read Crypocurrency articles
Bitcoin is trumblimg
Yeah very well related, thanks for the recommendation
NICE ARTICLE DEAR CONTINUE
I appreciate your comments, thanks
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