#crypto Bulgaria news update :
The claim that the #Bulgarian government owns $6 billion worth of #bitcoin is a hoax that has been circulating online for several years. The hoax originated in a 2017 article on the website Beincrypto.com, which claimed that Bulgaria had seized 213,000 Bitcoin from a criminal group. However, there is no evidence to support this claim. The Bulgarian government has denied that it owns any Bitcoin, and the article on Beincrypto.com has since been retracted.
Bitcoin is not illegal in Bulgaria, but there are certain restrictions on its use. For example, it is illegal to use Bitcoin to pay for goods or services without the consent of the recipient. Additionally, Bitcoin exchanges must be licensed by the Bulgarian National Bank.
The hoax that Bulgaria owns $6 billion worth of Bitcoin is a reminder that it is important to be skeptical of information you find online. Always check the source of the information and verify it with other sources before believing it.
