Deniz Saat

A court document states that on March 14th, 2023, the U.S. government sold 9,861.1707894 Bitcoin for a sum of $215,738,154.98.  After transaction costs, the government received a profit of $215,522,416.83. The government also disclosed that there are still about 41,490.

Germany’s financial regulator BaFin, has granted the final license to Boerse Stuttgart Digital, a division of the country’s second-largest stock exchange, to act as a Bitcoin and cryptocurrency custodian. The license enables the exchange to serve as a custodian and offer institutional investors the chance to trade Bitcoin

The largest e-commerce platform in Latin America, MercadoLibre, has announced that Bitcoin and cryptocurrency trading are now available to its users in Chile. With the company’s MercadoPago wallet app, Chilean customers will be able to purchase, sell, and store Bitcoin. According to a statement made by Osvaldo Gimenez, President

Sam Bankman-Fried, the former CEO of the failed cryptocurrency exchange FTX, has been charged by federal prosecutors with attempting to bribe “one or more” Chinese government officials with $40 million in order to unlock $1 billion worth of digital assets that belonged to his hedge fund, Alameda Research. Bankman-Fried currently

The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the

In addition to purchasing an additional 6,455 BTC, MicroStrategy has revealed that it has repaid a $205 million Bitcoin-collateralized loan in full at a 22% discount for $160 million, bringing their total holdings to 138,955 BTC. Chairman Michael Saylor tweeted that the Bitcoin was purchased for an average

The release of Nasdaq’s custody services for Bitcoin and cryptocurrencies is allegedly planned for Q2 2023. Nasdaq is an American stock exchange with headquarters in New York City.  Senior Vice President and Director of Nasdaq Digital Assets Ira Auerbach stated that Nasdaq is moving quickly to put all of

In a recent report, the Biden administration highlighted their concerns for Bitcoin and cryptocurrencies, claiming that certain elements of the ecosystem for digital assets are problematic for consumers, the financial system, and the environment. The Council of Economic Advisers’ annual publication, “Economic Report of the President,” explains the president’s