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Quick Take During the 2013 Cyprus financial crisis, Bitcoin’s reaction provided an early indication of its potential as a “risk-off” asset and alternative safe haven. The instability in Cyprus’s banking system was attributed to lax regulation within the sector and overextension among property developers, as reported by The Guardian. Before the crisis escalated, on March […]
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Go here to Read this Fast! Cyprus’ 2013 banking crisis was Bitcoin’s origin as a safe haven asset
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Cyprus’ 2013 banking crisis was Bitcoin’s origin as a safe haven asset
