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While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. … Read more
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing … Read more
Nudge seeks to unleash a new DeFi primitive called Re: allocation Value. Go to Source
Bullish Bitcoin options traders expect a hefty profit from Friday’s expiry now that Germany and Mt. Gox wallets have been emptied Go to Source
German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential value decline due to the crypto’s price volatility. The funds are now secured for criminal proceedings at the Leipzig Regional Court. 2.64 Billion Euros Raised … Read more
The Dresden Public Prosecutor’s Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation. Go to Source
Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible. Go to Source
Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under 10,000. AI chatbots predict Bitcoin’s year-end price could reach between $50,000 and $100,000. In Zambia, new guidelines may outlaw foreign currency use, imposing severe penalties … Read more
According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache through major exchanges, finishing on Friday and leaving its BTC wallet empty until donations started coming in. German Government Now Has More Bitcoin The … Read more
The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price. Go to Source
