US government decides not to sell $590M worth of Bitcoin on Coinbase, raising questions about crypto regulation

From Cointelegraph

August 17, 2024 7:21 PM:

The US government has decided not to sell $590M worth of Bitcoin on Coinbase. This decision raises questions about whether Vice President Kamala Harris will continue President Biden’s crackdown on the crypto industry.

The news comes as part of Hodler’s Digest, which covers the latest developments in the cryptocurrency world. It remains to be seen what impact this decision will have on the future of cryptocurrency regulation in the US. Investors and industry experts will be closely monitoring Harris’s stance on crypto.

Read more at Cointelegraph: $590M Silk Road Bitcoin sale unlikely, BTC bull rally far from over, and more: Hodler’s Digest Aug 11 – 17