Tag: Financial transactions
German Bitcoin Sales See ‘Negligible’ $326M While Receiving Small CoinJoin Deposits
The German government's Bitcoin wallet recently received a small amount of Sats from a CoinJoin address, even as it continues its significant selling activity. According to on-chain data from Arkham Intelligence, the German government...
German Government Agency Transfers $425M Bitcoin to Crypto Exchanges
A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit wallets. The transactional data revealed that deposits worth $32 million...
Ferrari Expands Crypto Payment Scheme to Europe After US Debut – CoinJournal
Ferrari, the luxury sports car company, has announced that it will be expanding its crypto payment scheme to Europe by the end of July. This decision comes after the successful launch of Ferrari's crypto...
Nigerian Kucoin Users Subjected to 7.5% VAT on All Transactions
Kucoin, a popular cryptocurrency exchange, recently announced that Nigerian users will now be subjected to a 7.5% value-added tax (VAT) on all transactions starting July 8th. This decision was made following a regulatory update...
Private Blockchains: Handling $1.5T Securities Financing Monthly
Tokenization enthusiasts in both crypto and traditional finance might be surprised to hear that well over $1.5 trillion worth of repurchase agreements and other forms of securities financing are executed monthly using private blockchains....