The United States government has at least 220,000 Bitcoin in its cryptocurrency portfolio, to which it clings firmly.
In a revelation that has shaken the cryptocurrency world, the United States government has announced that it has a gigantic Bitcoin reserve, with around 200,000 BTC in its portfolio. This places him as one of the largest holders of Bitcoin worldwide. However, what surprises the crypto community the most is its attitude towards this massive accumulation of digital assets.
Despite having a Bitcoin hoard valued at approximately $5.4 billion, the US government is adopting a “Holder” strategy. In other words, it shows no rush to sell its assets and convert them into cash.
Israel Dismantles Terrorist Financing by Seizing $1.7 Million in Cryptocurrencies
Israel announced that it had seized millions of dollars in cryptocurrency intended to support terrorist groups. The National Office to Combat the Financing of Terrorism made this announcement, underlining the effectiveness of this operation.
Israeli Defense Minister Yoav Gallant attributed the success of this operation to the collaboration between the Israeli ministries of Defense and Justice, the Israeli intelligence services, and the application of the latest technologies. The news was spread by various local media and marked an important milestone in the fight against the financing of terrorism through cryptocurrencies.
Blockchain analysis company Chainalysis, which played a key role in this operation. In fact, Israeli authorities were reported to have seized a total of $1.7 million in cryptocurrency.
Australia Continues to Regulate Exchanges with the Intention of Promoting Innovation Without Leaving Security Aside
Cryptocurrency exchanges in Australia have welcomed the Australian Treasury’s plans to establish regulations covering these platforms under current financial services licensing regulations.
This step, announced in a consultation document issued on October 16, seeks to lay the foundation for stronger regulation in the world of cryptocurrencies. And, thus, guarantee a safe and reliable environment for investors.
The New Target of Attack to Execute Financial Scams in Ireland Would Be Bank Customers Before Cryptocurrency Investors
Financial scams in Ireland have undergone a surprising turnaround. This is because scammers have chosen to target traditional banking customers instead of targeting cryptocurrency investors. This change occurs in a context of a crypto market in decline that has been in decline for two years. Likewise, it has had an unexpected impact on the behavior of scammers in the country.
According to the Irish Independent, in 2023, Irish citizens have lost almost €20 million to scammers posing as employees of legitimate, reputable banks.
Bitfinex Announces Fee-Free Cryptocurrency Trading in Argentina, Colombia and Venezuela
Bitfinex has confirmed that operations on its new peer-to-peer (P2P) platform are free for: Argentina, Colombia and Venezuela. These are those who execute purchase or sale orders, in a clear effort by the firm to gain accessions in Latin America. The novelty will be valid until December and Tether’s sister company has not provided details regarding how the rates will be afterward.
The countries covered by the announcement received, last June, the news regarding the arrival of the Bitfinex P2P Platform. Paolo Ardoino, the new executive director of Bitfinex, presented this benefit as a continuation of that first arrival of the company in the region.
The firm seeks to continue with an expansion plan in this part of the planet. The stated objective aims to expand access to financial services related to digital assets in Latin America.
By Audy Castaneda
