Unverified reports suggest that the UAE holds $40 billion #Bitcoin . This could potentially make the UAE one of the largest cryptocurrency holders.

Official data on countries holding $BTC shows that the US leads with 207,189 BTC, worth nearly $19.76 billion.

China closely follows with 194,000 BTC worth approximately $18.5 billion, while the UK holds 61,000 BTC, equivalent to $5.82 billion.

If the UAE indeed holds $40 billion in Bitcoin, this figure would surpass the total holdings of the US and China.