El Salvador Does Not Hold Any BTC on FTX, Said Changpeng Zhao
The President of El Salvador – Nayib Bukele – reportedly dismissed the arising rumors that his country holds its bitcoin stash on the battered cryptocurrency exchange FTX. The information was revealed by Binance’s CEO – Changpeng Zhao – who said he discussed the matter with the political leader. The Central American nation became the first to make bitcoin legal tender inside its borders.
Numerous companies, including CoinShares and Galaxy Digital, said they have significant exposure to the distressed entity. Some individuals even hinted that El Salvador holds its entire bitcoin possessions on FTX. CZ – Founder and CEO of Binance – took to Twitter to reject the rumors. He disclosed having a conversation with El Salvador’s President Nayib Bukele, who assured that the country has “never had any business” with SBF’s trading venue.
Source
https://t.me/Cash_Blockchain_News
