MENA Crypto Volume Triples Amid Rising Regulation and Bitcoin Demand

Crypto transaction volume in the Middle East and North Africa (MENA) region has experienced significant growth, tripling from $100 billion in 2022 to an estimated $350 billion by 2025-2026. This surge is primarily driven by two factors: the increasing adoption of regulation and institutional frameworks in Gulf countries, and rising demand for Bitcoin and stablecoins as safe havens amidst regional instability.

The Israel-Iran conflict initially caused a drop in crypto markets but ultimately boosted Bitcoin's dominance as investors sought stability. MENA is now witnessing a divide between two distinct crypto markets: one driven by regulatory frameworks in wealthier Gulf states, and another fueled by crisis-related demand in countries facing economic challenges.