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Belgium government to auction off seized bitcoin later this month

As reported on The Block, “The federal government of Belgium is set to put over €110,000 (~$125,000) worth of bitcoin and other cryptocurrencies under the hammer via an Ireland-based auction house. “Wilsons Auctions announced Friday that it will hold an online auction of the crypto funds later this month, with no reserve, meaning there will not […]

By Chris Sykora · March 9, 2020
Belgium government to auction off seized bitcoin later this month

As reported on The Block, “The federal government of Belgium is set to put over €110,000 (~$125,000) worth of bitcoin and other cryptocurrencies under the hammer via an Ireland-based auction house.

“Wilsons Auctions announced Friday that it will hold an online auction of the crypto funds later this month, with no reserve, meaning there will not be a minimum price as the winning bid.

“The auction will start at noon GMT (8 am EST) on March 24. Three cryptocurrencies – bitcoin (BTC), bitcoin cash (BCH), and bitcoin gold (BTG) – will be sold off into small lots. Bitcoin, for instance, will be offered in 0.25-1 units…”