The Bitcoin news and analysis expert X account, the Bitcoin Archive, stated that "the news that the United Arab Emirates has purchased $40 billion worth of BTC is not true. This is just a rumor started by X." It further explained that "this news has no original text or link, and there are no search results. This is an absurd claim made by an anonymous person, but it has been shared on many cryptocurrency sites, and even Changpeng Zhao, the founder of Binance, posted it on X." Previously, there had been widespread news in the community that the United Arab Emirates was holding $40 billion worth of BTC.
Foreign media: "UAE bought $40 billion worth of BTC? Ridiculous rumor"
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content