Germany Forfeited $2.3B in Potential Gains After Premature Bitcoin Sale
Germany missed out on a profit of over $2 billion by selling its Bitcoin stash too early in 2024, according to data from blockchain analytics firm Arkham. A wallet tagged as belonging to the German Federal Criminal Police Office (BKA) offloaded roughly 49,858 BTC — valued at around $2.89 billion at the time — during […]
Argentina’s Milei Disbands LIBRA Scandal Investigation Unit
Argentinian President Javier Milei has officially shut down the special unit tasked with probing the controversial collapse of LIBRA, a cryptocurrency he had previously promoted on social media before its value plummeted to zero. According to government records, the dissolution of the Investigative Task Unit (ITU) was enacted through a decree issued on May 19 […]
SEC Crypto Task Force Expected to Release Initial Report Within Months
New SEC Chair Paul Atkins recently addressed lawmakers in one of his first public appearances since taking the helm at the U.S. Securities and Exchange Commission, outlining his early priorities—including the regulation of digital assets. During a May 20 congressional hearing focused on SEC oversight, Atkins emphasized his commitment to placing crypto regulation at the […]