$BTC

Since the emergence of Bitcoin in 2009, cryptocurrencies have swept the world as a revolution in the global financial system, becoming an investment and financial exchange tool in many advanced and emerging economies. While major countries are racing to regulate and adopt these currencies, the positions of Arab countries remain varied between allowing, banning, experimenting, and partial regulation.

In this report, Al Jazeera Net sheds light on the history of cryptocurrencies, the ten most prominent countries globally in adopting these currencies, and we discuss the reality of this financial phenomenon in the Arab world.