PANews December 22 news, Binance co-founder CZ previously reposted on the X platform a media report stating that the UAE holds Bitcoin worth $40 billion. Subsequently, some members of the community questioned this data, arguing that the related report looked like an AI-generated article. In response, CZ stated, 'I also want to know how they arrived at this exact number; the data is difficult to collect and higher than I expected. But then again, there are many wealthy individuals there (in the UAE).'