CoinVoice recently learned that Binance founder Zhao Changpeng reposted and shared the CryptoDNES news report on the social platform: "Currently, the United Arab Emirates (UAE) holds $40 billion worth of Bitcoin.
The UAE has actively created a favorable environment for the development of cryptocurrencies through initiatives such as the Dubai Multi Commodities Centre’s Cryptocurrency Center. These strategic measures have encouraged the flourishing of local and international blockchain startups, resulting in a steady increase in the country’s Bitcoin reserves.
Experts predict that the UAE will continue to expand its Bitcoin holdings. The country's successful integration of cryptocurrencies into its economy sets a precedent for other countries, potentially encouraging further institutional investment and helping to solidify Bitcoin's place in the global financial system. ”[Original link]
