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BTCC / BTCC Square / Global Cryptocurrency /
Spain and Portugal Restore Electronic Payments After Blackout Spurs Cash Demand

Spain and Portugal Restore Electronic Payments After Blackout Spurs Cash Demand

Author:
Global Cryptocurrency
Published:
2025-04-30 12:45:01
9
2

A massive power outage across the Iberian Peninsula this week disrupted digital payment systems, forcing businesses and residents to rely on cash transactions. Spain’s central bank confirmed the full restoration of card payments and ATM services on Tuesday, following the blackout that also affected Portugal.

The incident highlighted the fragility of electronic payment infrastructures during systemic failures. While no direct cryptocurrency implications were noted, the event underscores the value proposition of decentralized financial systems during traditional banking disruptions.

|Square

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