government

Arkham monitoring shows that a U.S. government address has just transferred $606,470 worth of Bitcoin to Coinbase Prime. This Bitcoin was previously seized by the U.S. government from Bitfinex hacker Ilya Lichtenstein. It is currently unclear whether this batch of stolen Bitcoin will be sold on Coinbase.

According to on-chain analysis platform Lookonchain, the U.S. government deposited 8.2 BTC (approximately $606,000) into Coinbase Prime, with the funds originating from previously seized assets related to the Bitfinex hack.

The Ministry of Economy and Finance of South Korea announced that it will launch a pilot program for blockchain deposit tokens in Sejong City in the fourth quarter of 2026, to replace traditional government procurement card payments.The project has been approved under the 2026 regulatory sandbox program, allowing institutions to pay business promotion expenses in the form of tokenized deposits. Token payments can preset spending limits and available industry ranges, helping to reduce the need for manual audits and lowering transaction fees for small businesses by removing intermediaries such as card networks.This is the second application of deposit tokens in fiscal operations, following the completion of the first pilot in the electric vehicle charging infrastructure subsidy program. If the pilot proves effective, the Ministry of Finance of South Korea plans to further promote the program.

According to market news, South Korea is piloting blockchain deposit tokens for government spending.

The South Korean Ministry of Finance and Economy stated that the "blockchain-based digital currency for treasury fund execution pilot project" has been selected as a topic for the 2026 targeted regulatory sandbox. According to the pilot, the government department's business promotion fees will be changed from the current government procurement card to be issued and paid using blockchain-based deposit tokens.The South Korean government claims that this move is expected to enhance the transparency of fund usage by pre-setting usable time periods and industry scopes, and to reduce the fee burden on small merchants through a no-intermediary payment structure. The pilot program is set to officially launch in the fourth quarter of this year, starting in Sejong City, with plans to gradually expand its applicability thereafter.

According to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 250 BTC for sale, worth 18.46 million USD.

Ripple has partnered with Kyobo Life to launch a pilot project for tokenized government bonds, aiming to validate a blockchain-based government bond trading structure.The project issues and trades tokenized government bonds in a test network environment, achieving synchronized processing of trading and settlement, and utilizes stablecoins to test a 24-hour settlement mechanism to enhance trading speed and reduce settlement risk. The two parties have initiated technical feasibility testing starting from September 2024 and are assessing the stability of the entire process, including digital asset custody. At the same time, they are analyzing the regulatory environment in South Korea and studying the feasibility of integrating stablecoin settlements and tokenized bonds into the existing financial system. Ripple stated that this collaboration helps promote the establishment of institutional-level digital asset infrastructure in South Korea and supports its long-term strategic layout in the South Korean market.

According to a report by Jinshi, citing CCTV news, on the 11th local time, Iranian government spokesperson Mohajerani stated that Iran has sent a diplomatic team led by Speaker Ghalibaf to participate in the US-Iran negotiations, demonstrating Iran's willingness to engage in dialogue.She emphasized that, as the Iranian president previously stated, Iran will negotiate with "its finger on the trigger." Although Iran is willing to engage in dialogue, there is a lack of trust in the other party, so the Iranian diplomatic team will participate in the negotiations with the utmost caution. Mohajerani hopes that under the guidance of the Supreme Leader, the Iranian negotiating team can achieve success.

According to Lookonchain monitoring, the U.S. government marked addresses (funds seized from Glenn Olivio) transferred a total of approximately 2.438177 BTC, equivalent to about $177,400, in two transactions to the Coinbase Prime Deposit address, with 0.459637 BTC and 1.97854 BTC respectively.

According to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 250 BTC to a newly created wallet, worth 18.05 million dollars.

The Japanese government has passed an amendment to the Financial Instruments and Exchange Act at a cabinet meeting. This amendment regulates cryptocurrency assets (virtual currencies) as financial instruments for the first time and prohibits insider trading and other activities based on undisclosed information. At the same time, it requires cryptocurrency issuers to disclose information annually to improve the healthy market environment. If this bill is passed in the current Diet session, it is expected to be implemented as early as the 2027 fiscal year.Previously, the Financial Services Agency of Japan primarily regulated cryptocurrencies based on their positioning as "means of payment" under the Funds Settlement Act. However, in recent years, the use of cryptocurrencies as investment tools has been increasing, leading to their inclusion in the regulatory framework of the Financial Instruments and Exchange Act. Additionally, the name of registered institutions will change from "cryptocurrency asset exchange operators" to "cryptocurrency asset trading operators."At the same time, the penalties will also be strengthened: for unregistered institutions engaged in sales, the maximum prison sentence will increase from 3 years to 10 years, and the fines will rise from the current maximum of 3 million yen to a maximum of 10 million yen. By increasing penalties, the stance on protecting investors will be further reinforced.

According to The Block, based on monitoring by Onchain Lens, the Royal Government of Bhutan transferred approximately 319.7 BTC (about 22.68 million USD) to two addresses three hours ago. About 250 BTC were transferred to a wallet that was previously used to sell funds through Galaxy Digital and OKX, while another 69.7 BTC were sent to a new unmarked address.According to Arkham data, the Bhutanese government has transferred out Bitcoin worth 215.7 million USD from its holding addresses this year, of which 162.6 million USD was sent to unmarked wallets. After this transfer, Bhutan currently holds 3,954 BTC, valued at approximately 280.6 million USD.The country held about 13,000 BTC at its peak in October 2024, with its Bitcoin assets managed by the national sovereign wealth fund Druk Holding and Investments Ltd. Bhutan previously accumulated its Bitcoin holdings through a hydropower-supported mining operation, but according to Arkham data, its last recorded Bitcoin inflow exceeding 100,000 USD was a year ago.

According to on-chain analyst Onchain Lens (@OnchainLens), the Royal Government of Bhutan transferred 319.7 BTC (worth approximately $22.67 million) to two wallets: one is a new wallet, suspected to be an exchange wallet; the other is an old wallet, which had previously conducted fund transfer sales through OKX or Galaxy Digital.

According to on-chain analyst Onchain Lens (@OnchainLens), the Royal Government of Bhutan transferred 319.7 BTC (worth approximately $22.67 million) to two wallets: one is a new wallet, suspected to be an exchange wallet; the other is an old wallet, which previously conducted fund transfer and sale operations through OKX or Galaxy Digital.

According to CoinDesk, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), announced the termination of "enforcement-style regulation" and stated that the seven cases related to cryptocurrency registration initiated by the previous administration were a "misallocation of resources" that did not provide direct benefits to investors.

According to Xinhua News Agency, the Office of the Central Anti-Corruption Coordination Group for International Fugitive Pursuit and Cross-Border Corruption Governance held a meeting to launch the "Sky Net 2026" operation. In this operation, the National Supervisory Commission will lead a special action for recovering losses from overseas pursuit of duty-related crimes, the Ministry of Public Security will carry out the "Fox Hunt" special operation, the People's Bank of China, in conjunction with the Ministry of Public Security, will conduct a special action to prevent and combat the use of offshore companies and underground banks to transfer stolen funds abroad, and the Central Organization Department, together with the Ministry of Public Security and the National Immigration Administration, will manage the positions of "naked officials" and address issues related to public officials violating regulations when traveling abroad.

According to Onchain Lens monitoring, the Royal Government of Bhutan transferred 325 BTC (worth $25.19 million) to a wallet that had previously sent BTC to Galaxy Digital, suspected to be a sale.

According to Arkham data, at 15:28, 375 BTC (worth approximately 25.18 million USD) were transferred from Royal Government of Bhutan (Druk Holdings) to an anonymous address (starting with bc1q0n...).

CoinDesk analyst James Van Straten pointed out that the 40-year Japanese government bond yield has risen above 4%, and the Bank of Japan's interest rate hike may become the next "black swan" event.

According to data from Arkham Intelligence, at the beginning of 2026, the largest single holder of Bitcoin globally remains Satoshi Nakamoto (holding approximately 1.096 million Bitcoins), followed closely by major exchanges, ETF issuers, governments, and publicly listed companies. Among them:In terms of exchanges, wallets controlled by Coinbase hold approximately 982,000 Bitcoins, accounting for about 5% of the total circulating supply of Bitcoin; Binance holds approximately 655,000 Bitcoins, accounting for about 3.3% of its total wallet supply.In terms of institutions, BlackRock leads among all ETF issuers, with its spot Bitcoin ETF holding 775,000 Bitcoins; Fidelity Custody holds 460,000 Bitcoins, while Grayscale, Bitwise, and ARK Invest also hold significant on-chain positions.In terms of governments, the U.S. government manages 328,000 Bitcoins across multiple wallets; the UK controls 61,245 Bitcoins; El Salvador holds approximately 7,500 Bitcoins; Bhutan holds approximately 5,400 Bitcoins.Among publicly listed companies, Strategy reports that it holds 738,000 Bitcoins; mining company MARA claims its inventory of Bitcoins is 53,200; Metaplanet holds 35,100 Bitcoins.Additionally, Tether holds 96,300 on-chain verified Bitcoins; SpaceX holds approximately 8,300 Bitcoins; Block.one claims to own approximately 164,000 Bitcoins.