UK aims to sell $7B in confiscated Bitcoin to strengthen budget, report says.

UK aims to sell $7B in confiscated Bitcoin to strengthen budget, report says.

UK Plans to Sell Seized Bitcoin to Address Budget Deficit The UK is reportedly considering selling over £5 billion (approximately $6.7 billion) worth of confiscated Bitcoin to help alleviate its budget deficit. The Interior Ministry and Treasury Director Rachel Reeves are collaborating with law enforcement to manage the sale of these Bitcoin assets and establish […]

27 injured after pile of confiscated illegal fireworks explodes in Philippines

At least 27 people were injured when illegal fireworks seized in the southern Philippines exploded. Two victims were seriously injured and taken to a hospital in Zamboanga, and the mayor has ordered an investigation. The explosion occurred as police explosives experts were stacking fireworks in a vacant lot near an offshore firing range for a […]