Governments And Altcoins: The Preferences Apart From Bitcoin By DailyCoin – Investing.com
- Date: 20-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Governments And Altcoins: The Preferences Apart From Bitcoin By DailyCoin – Investing.com
China is the second-biggest BTC holder after Grayscale ($37B worth of BTC), while the US ranks seventh. According to such data, each of them holds under 1% of Bitcoin’s total supply and is among the rare governments openly declaring their investments.
Most of their counterparts around the world seem to keep silent on the subject of crypto investments. Such a position could mean that they do not disclose their crypto holdings or do not have any.
That may be logical, considering that multiple governments worldwide are working towards their own digital currencies.
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