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Bitcoin Just Spiked Back Above $6000 As Catalan Considers Blockchain-Backed...

•, by Tyler Durden

It's 9am in San Francisco (and 5pm in Barcelona), so it's time to panic-buy some crypto-currency...

Bitcoin just surged over $200, back over $6000.

And Ethereum is back above $300...

For now the catalyst is unclear. However, amid increasing tensions folowing Spain's impositin of Article 155as reportsCatalonia, which is fighting for independence from Spain, is considering an e-residency program similar to the one in Estonia. Catalonia is also considering adopting its own digital token or cryptocurrency.

The Government of Catalonia, the Generalitat de Catalunya, has sent representatives to Estonia to learn about the e-residency program, which offers a government-issued digital identity card that provides a way to operate a location-independent business online.

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