UAE now holds $40 billion in Bitcoin

The United Arab Emirates (UAE) now holds $40 billion in Bitcoin, according to a report shared by Binance founder Changpeng “CZ” Zhao. The Gulf nation has spent years building the foundation for this moment. Government initiatives, progressive regulations, and an open-door policy for blockchain businesses have all contributed to this Bitcoin boom. Dubai’s crypto empire […] source: https://www.cryptopolitan.com/uae-now-holds-40-billion-in-bitcoin/