Rumors suggest Qatar’s sovereign wealth fund may invest heavily in Bitcoin, with speculation fueled by large BTC transactions and a tweet by Max Keiser hinting at a $500 billion investment. However, logistical challenges and discrepancies in reported assets cast doubt on the feasibility of such a move. Despite Qatar’s cautious regulatory stance, the MENA region aims to become a crypto hub, led by initiatives in the UAE and Bahrain.
Qatar’s Sovereign Fund Might Be Buying Bitcoin, But Surely Not $500B Worth
by Crypto Oasis | Jun 20, 2024 | Industrial | 0 comments