Recent data from blockchain analytics firm Arkham Intelligence reveals that a cryptocurrency wallet associated with the German government still holds approximately 38,488 Bitcoin (BTC), valued at about $2.19 billion. This substantial holding comes despite the German government's recent sales of Bitcoin, which have contributed to market volatility. Activity of the ...
Cryptocurrency wallet addresses associated with the German federal government conducted significant Bitcoin transfers on Wednesday morning, June 26, indicating a potential intention to sell digital assets. According to precise data from Arkham Intelligence, a trusted on-chain analytics platform, the federal authorities executed a total of 1,095.338 BTC, valued at approximately ...
Landesbann Baden-Württemberg (LBBW), a leading German federal and commercial bank, will begin offering digital asset custody services in the second half of 2024, according to a new report from Bloomberg. The bank will reportedly partner with the Australian crypto exchange Bitpanda to provide these services. Bitpanda’s custody platform will serve ...
Binance has made a significant move in its quest to expand its European operations by withdrawing its application for a cryptocurrency license in Germany. The decision comes after allegations that the German Federal Financial Supervisory Authority (BaFin) rejected their custody license application on June 29, 2023. Initially, there was uncertainty ...
