The U.S. Government has been given the green light to sell off $6.5 billion worth of Bitcoin, seized from the infamous Silk Road. This move comes just before a significant political transition. Meanwhile, in the world of blockchain and finance, Ethereum’s layer-2 network, Phala Network, has launched, aiming to enhance scalability and efficiency. Ripple has partnered with Chainlink to bolster its RLUSD stablecoin with secure data feeds, potentially increasing its reliability and adoption. In regulatory news, Standard Chartered has secured a crypto custody license in Luxembourg, aligning with the new MiCA framework. China is also making strides, placing blockchain technology at the heart of its national data strategy, signaling a major shift towards decentralized systems. These developments highlight the growing integration of blockchain and cryptocurrencies into both financial systems and national policies.
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![[WARNING] DOJ Cleared to Sell Billions of Bitcoin](https://i.ytimg.com/vi/04o7CPtWqsc/mqdefault.jpg)
