Cryptocurrency Q&A
How much BTC does China own?
How much BTC does China own?
GwanghwamunPride
Sat May 11 2024
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6 answers
1206
Could you please enlighten me on a question that has been perplexing me for quite some time? It's about the amount of Bitcoin, or BTC, that China possesses. Given the country's increasing involvement and influence in the cryptocurrency world, I'm curious to know how much of this digital asset it actually holds. Does China have a significant stash of BTC, or is its involvement more focused on regulation and oversight? I'm also interested in knowing whether there are any official statements or estimates available regarding this matter. Your insights would be greatly appreciated.
6 answers
CherryBlossom
Mon May 13 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services.
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Elena
Mon May 13 2024
This amount constitutes 2.70% of the total Bitcoin supply.
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Tommaso
Mon May 13 2024
The Chinese government is rumored to possess a significant portion of this, recovered from the Plustoken scam in 2019.
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Chiara
Mon May 13 2024
Ukrainian government officials individually own approximately 46,351 BTC.
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HanbokElegance
Mon May 13 2024
Governments worldwide reportedly hold approximately 567,316 BTC.
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