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Europeans No Longer Forced To Hide Bitcoins Under Invisible Mattress

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Coinbase will now provide instawallets in Europe, giving continental anarchists, Grecophobes and tin-foil-hat-wearers a potentially secure place to “hold” their fake money.

The company, one of the most popular digital wallet providers, said on Wednesday that it was expanding to 13 European countries, including France, Italy and the Netherlands, by allowing those with authorized European bank accounts to buy and sell Bitcoins in exchange for euros. Previously, only users with United States bank accounts could exchange Bitcoins on Coinbase….

In the beginning, Coinbase, based in San Francisco, will limit Bitcoin purchases and sales to 500 euros, or about $645, a day to ensure the process is smooth.

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