Crypto & Finance · VIDEO
UAE surpasses Turkey: record growth of 32% in the crypto economy
The crypto economy of the Middle East and North Africa (MENA) registered a marginal decline of 1.4% in 2026, but with contrasting dynamics between the United...
KEY TAKEAWAYS
- The United Arab Emirates has recorded a 32% growth in the crypto economy, reaching $104.8 billion
- Turkey, despite a 14% decline to $144.5 billion, is strengthening its institutional structure with new licenses for CASPs
- Turkey's peer-to-peer market has grown fivefold to $3.56 billion, primarily in stablecoins
- Iran has experienced extreme fluctuations in bitcoin transaction volume due to internet blackouts and conflicts
