The Middle East and North Africa (MENA) region rose to seventh place in the cryptocurrency market. According to a Chainalysis report, MENA received $338.7 billion worth of crypto between July 2023 and June 2024. đčđ· Turkey leads the region with $137 billion.
- 93% transactions over $10,000
- Regulations are positive in the UAE
- Saudi Arabia grew by 154%
DEX usage is high, lack of regulation is striking.