Friends in the cryptocurrency community, have you heard? Binance founder Zhao Changpeng (CZ) suddenly dropped a 'nuclear-level' message over the weekend: the UAE has surprisingly hoarded $40 billion worth of Bitcoin as national reserves?!😱
👀 The 'stunning big news' that's hard to distinguish between true and false
This tweet retweeted by Zhao Changpeng instantly ignited the entire crypto community! But the problem is, the source of the news is not mainstream media, and even top platforms in the crypto space had little reaction. Some believed it, others questioned it, and everyone was discussing, leading to a scene that got out of control. #CryptoBigNewsOnline
Zhao Changpeng himself wrote in the tweet: 'The UAE holds $40 billion in Bitcoin.' But an official note followed saying, 'This is a rumor and an accusation,' and this plot twist is even more exciting than a suspense movie!🤔
👩⚖️ What do lawyers & experts think?
Cryptocurrency lawyer Irina Heaver was the first to question this, bluntly stating that the news looks like it was written by AI, with no real evidence. Zhao Changpeng was also clear, saying, 'I can't be sure about the numbers either, but considering the high net worth population in the UAE, this scale is not entirely impossible.'
Meanwhile, Zhao Changpeng also reviewed how Dubai has grown from a handful of crypto companies in 2021 to now becoming a hub for thousands of blockchain companies. Such rapid growth is truly 'tycoon-like'!
🌍 UAE: Is the global crypto center rising?
Although the $40 billion reserve has yet to be confirmed, the UAE clearly does not want to keep a low profile. This discussion has elevated their status in the crypto space. If they really hold this Bitcoin, it would amount to over 410,000 coins, placing them directly among the top three holders globally, only behind BlackRock and MicroStrategy, and surpassing the U.S. government's 207,000 coins! This scene is so surreal, the title of Middle Eastern crypto tycoon is solidified!
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🚀 Every day in the crypto world is full of surprises
Whether the UAE's $40 billion Bitcoin is true or false, this news has ignited our curiosity! What's next? Will there be bigger countries or giants getting involved? Stay tuned, keep up with the rhythm, and let's witness this crazy and fascinating market together!💡
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The above content is for information sharing only and does not constitute any investment advice! Investing involves risks, and caution is advised when entering the market!
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