🚀₿ Binance Founder CZ Reveals Country with Huge Bitcoin Holdings: "Twice That of the United States"

According to a post by former Binance CEO Changpeng Zhao on X, the United Arab Emirates (UAE) has reached a significant milestone in the cryptocurrency industry by owning Bitcoin assets worth up to $40 billion.

According to sources cited by CZ, the government has implemented several groundbreaking initiatives, including the establishment of the Dubai Multi Commodity Centre (DMCC), designed to support blockchain and cryptocurrency initiatives.

However, it is unclear when this country purchased the aforementioned BTC and where it is stored in cryptocurrency wallets, and the source cited by the Binance founder does not mention this. In other words, this claim by CZ is not entirely verified.

The former CEO of Binance has moved to Dubai, where he currently resides, after being released from prison in the United States a few months ago. If the United Arab Emirates indeed has BTC assets of $40 billion, this would surpass the BTC holdings of approximately $19 billion held by the United States.