German authorities have no more bitcoins left in their possession

According to the latest data from Arkham, the German Government now no longer owns any bitcoins. The European country's authorities have made transactions totaling 3,846.05 BTC ($223.81 million) to Flow Traders and 139Po wallets. The latter is believed to be an institutional deposit or belong to an unknown OTC service. According to a screenshot that the researchers published on their social media page X, the German government has 0 BTC left on its balances.

The news that German authorities have sent the last bitcoins to Flow Traders generates significant interest and could have important implications for the country's cryptocurrency market and financial landscape. First, transferring BTC to a well-known market maker indicates the German authorities' desire to legalize and regulate cryptocurrency transactions.

"Analysts suggest that these actions were part of a broader strategy to integrate digital currencies into the country's financial system. Thus, Germany is demonstrating a willingness to engage more closely with virtual assets and a desire to create a transparent environment for their use."

Secondly, the cooperation with Flow Traders indicates efforts to ensure liquidity and stability in the digital currency market. In addition, this event may signal to other European Union countries the need to develop and implement a clear regulatory framework for cryptocurrencies. Germany, one of Europe's leading economies, can serve as an example for other countries, showing how to integrate this asset class into the national economy.

Flow Traders is a leading global organization specializing in electronic marketplace transactions and providing liquidity in financial markets. The company has become one of the largest market makers in the world. It offers services in a variety of markets including stocks, bonds, currencies, and especially cryptocurrencies.