- Governments around the globe maintain $32 billion in Bitcoin reserves, with the USA main the way in which.
- Bitcoin seizures have contributed considerably to the federal government's bitcoin holdings.
- El Salvador has adopted Bitcoin as authorized tender and is implementing a day by day shopping for program.
Bitcoin's mainstream adoption isn't restricted to retail and institutional buyers. Governments around the globe at the moment are accumulating Bitcoin of their portfolios. Unsurprisingly, the US authorities is the biggest Bitcoin holder with over 213,297 BTC.
Nevertheless, generally, governments receive this cryptocurrency via unlawful seizures, whereas some receive Bitcoin via donations or lively purchases.
USA – 213,246 
China – 190,000 
United Kingdom – 61,000 
El Salvador – 5,800 
Ukraine – 1,344 
Germany – 0 As of July 29, 2024, governments around the globe maintain 2.6% of Bitcoin's circulating provide, or 471,380.6 BTC, valued at $32.7 billion. This development displays the rising significance and recognition of digital property in world monetary markets.
The article “Governments Maintain $32 Billion Value of Bitcoin: US Leads, China Follows” appeared first on Coin Version.
