Global Stock News

Middle East Crypto Activity Triples to $350 Billion Amid Ongoing Conflict, Report Finds

Middle East Crypto Activity Triples to $350 Billion Amid Ongoing Conflict, Report Finds

In brief

  • Annual MENA blockchain transactions reached an estimated $350 billion by 2025–2026, up from about $100 billion in 2022.
  • The institute says the Iran conflict pushed a growing share of regional capital into digital assets.
  • Investors shifted toward Bitcoin after an initial sell-off, while Gulf crypto firms continued operating during the fighting.

The Iran conflict is pushing a growing share of regional capital into digital assets as investors seek to preserve wealth and move money during disruption, according to the Bitcoin Policy Institute.

In a report published Friday, the group estimates that annual blockchain transaction value across the Middle East and North Africa reached $350 billion by 2025–2026, more than triple the…

Source link

Share this article

Scroll to Top