Bitcoin Nation Reserve Race: Who’s Next After the US?

• Several countries own large amounts of Bitcoin, with China leading at 194,000 BTC
• The US has over 110,000 BTC, which is equal to over $10 billion
• China is a possible candidate for a Bitcoin reserve, although it still maintains a strict regulatory stance against private crypto trading

After the US President Donald Trump signed an order to create a strategic Bitcoin reserve, it’s natural to question whether any of the other nations might follow the example.

As shown here, several countries already own Bitcoin, and probably more that aren’t listed. While the US is on the way to build a Bitcoin reserve, they don’t own the largest amount of BTC.

Reports say China has more. Right now, China has 194,000 BTC, while the US has 112,189 BTC. These two countries hold the most, followed by the UK with 61,000 BTC and Ukraine with 46,351.

China: Next Bitcoin Reserve Powerhouse?

Could other countries follow suit in bundling a Bitcoin reserve? It’s hard to say, but most think that China might be the next one. However, despite reportedly holding the largest amount of Bitcoin, China has maintained a strict regulatory stance against private crypto trading. Its gover…

The post Bitcoin Nation Reserve Race: Who’s Next After the US? appeared first on Coin Edition.