PANews December 22 news, Binance co-founder CZ shared a report from CryptoDNES on the X platform: The UAE currently holds Bitcoin worth $40 billion. The UAE is actively creating a favorable environment for the development of cryptocurrencies through initiatives such as the cryptocurrency center at the Dubai Multi Commodities Centre. These strategic measures have encouraged the thriving development of local and international blockchain startups, leading to a steady increase in the country's Bitcoin reserves.