Secret

World

Bitcoin

Silk Road

<ul class="news-points">
 <li>The U.S. holds the largest Bitcoin reserve, valued at over $12.5 billion.</li>
 <li>The UK has 61k BTC ($3B), Germany holds 37k BTC ($2B) post-seizures.</li>
 <li>El Salvador, first to adopt BTC as legal tender, holding 5804 BTC ($332M).</li>
</ul>
A new report from Arkham Intelligence reveals the surprising extent to which governments around the world are accumulating Bitcoin, shedding light on their diverse strategies for embracing the digital asset.
Real-time <a href="https://platform.arkhamintelligence.com/dashboards/view?dashboardID=47d779bb-3c6f-4dd3-8f8e-1f6602e2f631" target="_blank" rel="noopener noreferrer nofollow">data sheds light</a> on their diverse strategies for cryptocurrency assets. The United States, the United Kingdom, Germany, and El Salvador are among the nations possessing the largest Bitcoin reserves around the globe.
The U.S. government leads the pack with a stash of 213,000 BTC tokens, valued at over $12.5 billion, reportedly acquired through confiscated assets from illegal activities, such as the <a href="https://coinedition.com/us-prosecutors-recover-over-3-billion-in-btc-stolen-10yrs-ago/" rel="noopener noreferrer nofollow">Silk Road marketplace</a>. The treasury reserves highlight the government’s strategic approach to managing seized assets through periodic auctions.
While the US holds the largest amount of Bitcoin, other nations are also making significant moves in the crypto space. The United Kingdom and Germany have also accumulated Bitcoin through si…
The post <a href="https://coinedition.com/bitcoin-goes-governmental-inside-the-secret-world-of-state-owned-btc/" rel="noopener noreferrer nofollow">Bitcoin Goes Governmental: Inside the Secret World of State-Owned BTC</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Goes Governmental: Inside the Secret World of State-Owned BTC

Coin Edition

Alte articole publicate pe 8 iul. 2024

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