Deep Tide TechFlow news, Binance founder CZ shared a report from CryptoDNES on social media: "Currently, the United Arab Emirates (UAE) holds $40 billion worth of Bitcoin."
The UAE actively creates a favorable environment for the development of cryptocurrencies through various initiatives, such as the cryptocurrency center in Dubai's multiple commodity centers. These strategic measures have encouraged the vigorous growth of local and international blockchain startups, resulting in a steady increase in the country's Bitcoin reserves.
