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How to Buy and Trade Crypto in GermanyJan 30 (Reuters) - German police have confiscated 50, bitcoin worth $ billion in the country's 'most extensive' cryptocurrency. Police in Germany seized nearly 50, bitcoin worth roughly $ billion. The authorities alleged that the bitcoin is tied to a piracy site. The German government has been working on regulating cryptocurrencies for some time, and in passed a law allowing banks to hold and sell cryptocurrencies.