Vijay Gir
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Market is filled with rumors that UAE has secretly stashed a Bitcoin bag with 300k - 400k BTC.
With Bitcoin valued at $100k, this bag is worth $3 billion - $4 billion.
And looking at how UAE has been working to make crypto friendly policies, allowing people to receive salaries in crypto, viging VAT exemptions on digital transactions, launching Dirham pegged stable coin AE coin, people should not get surprised if these speculations come out to be true.
This is going to be a historical event for crypto space. And it will change the way nations approach the digital assets.
The US government already had 200k Bitcoin along with some other cryptos and they are pushing to make a bitcoin reserve. Things are changing fast for the crypto space.
Isn't it what we all have been working for?
With Bitcoin valued at $100k, this bag is worth $3 billion - $4 billion.
And looking at how UAE has been working to make crypto friendly policies, allowing people to receive salaries in crypto, viging VAT exemptions on digital transactions, launching Dirham pegged stable coin AE coin, people should not get surprised if these speculations come out to be true.
This is going to be a historical event for crypto space. And it will change the way nations approach the digital assets.
The US government already had 200k Bitcoin along with some other cryptos and they are pushing to make a bitcoin reserve. Things are changing fast for the crypto space.
Isn't it what we all have been working for?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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