Chainalysis unveiled its 4th annual report on cryptocurrency in the Middle East and North Africa (MENA), highlighting the UAE’s strong institutional crypto investments (67%) and DeFi preference (48%). The UAE’s clear regulations foster market confidence. Despite a 17% crypto value decrease, the UAE outperformed regional peers, including Saudi Arabia, which experienced growth despite quasi-legal crypto status.
Crypto Insights: UAE’s Institutional Dominance and MENA Trends Unveiled in Chainalysis Report
