Foreign media: United Arab Emirates holds $40 billion worth of Bitcoin

According to the news report from Mars Finance, CZ, the founder of Binance, shared a report from CryptoDNES on social media platforms: "Currently, the United Arab Emirates (UAE) holds $40 billion worth of Bitcoin. The UAE is actively creating a favorable environment for the development of cryptocurrencies through initiatives such as the Dubai Multi Commodities Center's Crypto Center. These strategic measures have encouraged the thriving growth of local and international blockchain startups, leading to 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 has set an example for other countries, potentially encouraging further institutional investment and helping to consolidate Bitcoin's position in the global financial system."