Mystery revealed: UAE and its 59,000 BTC
Date: 2024-04-12 Author: Gabriel Deangelo Categories: IN WORLD
Rumors of Cryptocurrency Riches
Surprising information has appeared on social network X: the UAE allegedly has a huge amount of bitcoins - 59,000 BTC. The adviser to the President of El Salvador made a sensational statement, stirring up the world community.
On April 11, 2024, a user under the pseudonym Vivek4real_ posted a message that an unknown state had purchased another 100 BTC, increasing the total to 59,007.92 BTC.
New guesses: who owns bitcoins?
Later, Max Keyser, a well-known adviser to the President of El Salvador, suggested that the cryptocurrency reserves could belong to Qatar. However, he later redefined the owner, claiming that the bitcoins belonged to the United Arab Emirates. “Abu Dhabi is now the top contender,” Keyser wrote.
While the mysterious owners of Bitcoins are being discussed, the price of the first cryptocurrency is growing rapidly, approaching $70,750 per coin.
Intentions of the UAE and El Salvador
In November 2023, the UAE central bank already issued guidelines to combat unregistered digital asset service providers. At the same time, El Salvador's President Nayib Bukele reiterated his country's commitment to crypto investments, announcing the purchase of 1 BTC per day until Bitcoin becomes unavailable for regular currency.
