#Germany

In an unprecedented operation, German authorities have seized nearly €25 million in cash and cryptocurrencies, dismantling a vast network of illegal cryptocurrency ATMs. This action marks a significant milestone in the fight against financial crime in Europe and highlights the growing scrutiny of crypto transactions across the continent. The raid, which took place on August…

German Government Transfers $94M in Bitcoin to Exchanges 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.…