BlockBeats news, December 22, Binance co-founder CZ shared a report from CryptoDNES on social media: "Currently, the United Arab Emirates (UAE) holds $40 billion worth of Bitcoin. The UAE is actively creating a favorable environment for the development of cryptocurrency through various initiatives such as the cryptocurrency center in Dubai's Multi Commodities Centre. These strategic measures have encouraged the thriving of local and international blockchain startups, thereby steadily increasing the country's Bitcoin reserves."