Middle East Becomes Global Crypto Force as UAE Records $34B in Inflows
This surge places the UAE as a key player in the global crypto ecosystem, with over 500,000 daily crypto traders now active in the country.
The Middle East has officially transitioned from crypto-curious to crypto-committed, with the UAE leading a generational financial shift; positioning the region as a major digital asset powerhouse.
According to a new report by a leading provider of blockchain and Bitcoin solutions, Mining Grid – the UAE received $34 billion (AED124B) in crypto inflows between July 2023 and June 2024, recording a 42% YoY growth rate. This surge places the UAE as a key player in the global crypto…
