Middle East Crypto Transactions Soar Amid Regional Conflict
Crypto transactions in the Middle East and North Africa have skyrocketed to an estimated $350 billion by 2025-2026, according to a report by the Bitcoin Policy Institute (BPI).
This growth is attributed to investors seeking digital hedges during regional conflicts, rather than fleeing the region.
The Iran conflict in June 2025 saw a surge in cryptocurrency markets, with Bitcoin dominance rising to 64.8% as traders rotated out of riskier altcoins.
Turkey leads overall volume at nearly $200 billion annually, while the UAE processed about $150 billion in 2025.