Gadgets Magazine

German Government Transfers $94M in Bitcoin to Exchanges

Posted on the 02 July 2024 by Techloot @tech_loot

The German government’s disengagement from cryptocurrencies is progressing rapidly. A recent transfer of Bitcoin to centralized exchanges has raised alarms among users, suggesting a potential sell-off. This latest move amounted to $94 million. The transfer included approximately ₿1500, distributed among wallets on Kraken, Coinbase, and Bitstamp exchanges. According to data from the analytics site...


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