I’ve been diving into how $BTC and the broader crypto market are evolving outside the usual US/EU narrative — and right now, MENA is stealing the spotlight.
Between July 2023 and June 2024, the region recorded $338.7B in crypto transactions (7.5% of global volume). The UAE alone attracted $30B, with 74% of young adults showing strong interest — a youth-driven wave shaping the future.
Key highlights:
Saudi Arabia – WhiteBIT’s Founder, Volodymyr Nosov, met with Prince Naif bin Abdullah bin Saud bin Abdulaziz Al Saud to discuss blockchain infrastructure, signaling serious institutional interest in large-scale adoption.
UAE Regulation & Market Entry – With SCA and VARA aligning licensing frameworks, Dubai is becoming an even more attractive hub for crypto projects.
On the institutional side, Ripple CEO Brad Garlinghouse has engaged UAE authorities and secured DFSA approval to offer regulated payment services in the Dubai International Financial Centre, including stablecoins like RLUSD.
Read the full article here: coinmarketcap.com/community/ar...
MENA isn’t just following global trends — it’s shaping them. From BTC-powered real estate deals to government-level engagement, the region is paving the way for the next wave of adoption.
