
It was recently reported that Bulgaria’s Bitcoin reserves were higher than Gold reserves. However, following this report, the information has been widely disputed.
Bulgaria has become the first country to own more Bitcoin than it does gold reserves. The Balcan country is leading in technological and cryptocurrency investments although the authorities have failed to set specific regulations.
It was recently reported that Bulgaria’s Bitcoin reserves were higher than Gold reserves. However, following this report, the information has been widely disputed.
Crypto has cemented itself in most nations around the world. High Net Worth Individuals in continents like Asia, Europe and the US have invested in the digital currency Bitcoin and most of them have seen high profits. What is impressive is that for the first time in history, the Bitcoin holdings in Bulgaria have surpassed the gold reserves.