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The UAE Holds $40 Billion in Bitcoin The UAE has become a major player in the cryptocurrency market, amassing $40 billion in Bitcoin holdings as part of a global market boom. This achievement highlights the country's leadership in crypto adoption, driven by government and private investments in blockchain technology and digital assets. Initiatives like the Dubai Multi Commodities Center's Crypto Center have created a supportive environment for local and international blockchain startups, contributing to the growth of the nation's Bitcoin reserves.