“Last week, BitPay announced plans to move to a larger office in the Dutch capital after observing a bitcoin payment explosion in Europe of €28 million this year: a whopping 1,900 percent increase from last year’s €1.4 million. With demand for the cryptocurrency found particularly high in the U.K., Germany, and Netherlands, BitPay hopes to acquire 30,000 merchants in Europe by the end of 2014. The company cited already had 7,000 by earlier this year. In May, BitPay received $30 million capital infusion led by London-based Index Ventures, just a month after announcing plans to expand operations in South America and Europe.”
http://www.globalatlanta.com/article/27164/bitpay-expands-european-headquarters/
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