UAE’s $40B Bitcoin Claim Sparks Crypto Debate

UAE’s $40B Bitcoin Claim Sparks Crypto Debate

Changpeng Zhao, founder of Binance, has stirred up a lot of debate on the adoption of cryptocurrencies in the United Arab Emirates (UAE) by bringing up reports that the country has $40 billion worth of Bitcoin. Industry insiders, like cryptocurrency attorney Irina Heaver, were immediately drawn to Zhao's remarks, which were posted in a recent post on X (previously Twitter) and referenced an article that reported the statistic. Heaver cast dou...

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