[Crypto News Flash] BlockBeats reported that on July 5, according to decrypt, data from crypto analysis company Arkham showed that multiple governments hold a large amount of Bitcoin, totaling about $17.8 billion at current market prices. Among them, the US government holds an estimated $12 billion worth of Bitcoin, which was mainly seized in high-profile cases such as the 2013 Silk Road crackdown and subsequent operations against darknet markets.

The British government holds about $3.3 billion worth of Bitcoin, including 180 million pounds (about $250 million at the time) of cryptocurrency seized by the London Metropolitan Police in a money laundering investigation in 2021. While the UK has kept a low profile on its plans for these digital assets, the UK Revenue and Customs (HMRC) has previously auctioned seized cryptocurrencies.

Germany's holdings of about $2.2 billion worth of Bitcoin have recently made headlines. In February 2024, German authorities announced plans to sell about 1 billion euros ($1.08 billion) worth of cryptocurrencies, mainly Bitcoin. The move is one of the largest government cryptocurrency liquidations to date, and has attracted close attention from market participants and other governments holding seized digital assets.

It seems that although cryptocurrencies have both risks and opportunities, governments have different attitudes towards them. What do you think about this? Feel free to speak your mind in the comments section, let's discuss this topic together! 😊