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Zhao Changpeng: It is not clear how the calculation method of the UAE holding 40 billion dollars worth of bitcoin is calculated, the number is higher than expected

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2024-12-22 13:07:40
Changpeng Zhao, co-founder of Binance, had previously reposted a media release on the X platform that the UAE held $40 billion worth of bitcoin. Later, someone in the community questioned the data and thought that the relevant report looked like an AI-generated article. In response, Changpeng Zhao said: "I also want to know how they came to this exact number. It is difficult to collect the relevant data. It is higher than I expected, but then again, there are a lot of rich people there [in the UAE]."
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