German Government Closes Russian Darknet Market, Seizes $25M Bitcoin
The German government confiscated $25 million in bitcoin (BTC), claiming to have closed the Hydra Market, one of the world’s major darknet markets. According to a federal police statement released on Tuesday, the cybercrime office of the Frankfurt prosecutor’s office and federal criminal police took 543 BTC while “securing” the site’s servers. 17 million clients […]
Union Investment, a German asset management, seeks BTC exposure for several of its funds
Following the passage of more favorable legislation governing Spezialfonds, German funds and asset managers are broadening their scopes to include cryptocurrency investments. Asset manager with a $500 billion market capitalization With the addition of Bitcoin (BTC) to multiple investment funds as part of a focused trial program for its institutional clients, Union Investment provides solid […]