Blockchain Info Launches BTC Buy/Sell in US

While users have the opportunity only to sell bitcoins, and the buying option will be available later
19 January 2018   923

One of the world's largest cryptocurrency wallets Blockchain.info launched a service for the sale and purchase of digital assets in the United States. While users have the opportunity only to sell bitcoins; the purchase option will be available later. This is reported by CNBC.

For customers of Blockchain.info from the UK similar services have been available for some time. The company's executive director Peter Smith said that the initial limited functionality in the US is due to the desire to avoid unforeseen problems when starting the service.

If we are prioritizing short-term gains, we would prioritize buy — that is what most people have done. But it's really time to make sure we nail that experience.
 

Peter Smith 

CEO, Blockchain. info

In the past, many users from the US complained of problems when working with various sites, including when withdrawing money. According to Smith, 22 million users are registered with Blockchain.info, while a million people use the service every day. At the same time, 30% to 40% of them live in the US.

Smith also added that "in a few weeks" Blockchain.info will be able to buy and sell other cryptocurrencies, not just bitcoin

US Authorities to Sell $4.3M Worth Seized BTC

As reported, the Bitcoins were seized during different federal investigations
18 October 2018   100

The US Federal Penitentiary and Marshals Service has announced an auction, during which 660 Bitcoins will be sold, previously confiscated by law enforcement agencies. The current market value of the coins put up for sale is about $ 4.3 million, CoinDesk reports.

Bitcoins offered for sale were seized during federal criminal, civil and administrative investigations.

The auction will be held on November 5, and to participate in it, you must register no later than October 31 and make a deposit of $ 200,000.

The trades will be divided into two parts and include the sale of six blocks of 100 BTC and one more block of 60 BTC. Auction participants will not be able to view other people's rates or change their own.

The Office clarified that part of the assets put up for auction includes Bitcoins, which were seized during the recent investigations into the cases of the traders Teresa Tetley and Thomas Mario Costanzo. Teresa Tetley was sentenced in July to a year in prison on charges of trading in cryptocurrency without the necessary license and laundering money obtained from drug trafficking.

The Marshals do not report which part of the bitcoins seized from Tetley and Costanzo is put up for auction, however, it was previously known that 40 BTC were withdrawn from the first, and 80 BTC from the second.

Two previous major auctions for the sale of confiscated bitcoins were held in the United States in January and March of this year. In the first case, 3813 BTC was sold, in the second - 2170 BTC.