Speculation mounts on Central Asian country to announce Bitcoin treasury holding

Speculation is growing about which Central Asian country added Bitcoin to its treasury.

June 4th, Crypto Lawyer Irina Heber He said that a Central Asian country will soon announce that it will hold BTC in its national treasury.

When asked who it was, Heber said client confidentiality prevented him from naming countries. However, it will be announced as soon as it is ready.

had a speculative commodity heber Her client revealed that the word ends in “stan” and that she is also “one of the largest oil reserve holders.”

Seven Central Asian words end with “stan”. Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Afghanistan and Pakistan.

Among them Kazakhstan, Turkmenistan, Uzbekistan have one abundance Oil and gas reserves.

Bitcoin introduction strategy

Heber resolutely said: crypto slate Make announcements at the client’s convenience.

She said Central Asia is often overlooked as a region for bitcoin activity, with a large number of well-educated young people due to the “old-fashioned Soviet education” system.

As an example of Bitcoin activity in Central Asia, Heber cited Kyrgyzstan’s deep involvement in hydropower mining. of Uzbekistan Bitcoin mining laws since 2018, and Kazakhstan’s ambitions It mimics the Dubai International Financial Center (DIFC). This is a financial hub that houses: 4,300 business.

Jan3 CEO Samson Mow said at a press conference in Mexico in April that he plans to legalize Bitcoin, issue Bitcoin-backed bonds, or simply hold BTC as is. He said there are three paths for the country to take in its bitcoin adoption strategy, with the easiest path being Treasury assets.

This article first appeared on CryptoSlate as speculation grows that the Central Asian country will announce a Bitcoin treasury.

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