A report published by Chainalysis showed that the crypto markets in the Middle East and North Africa have grown more this year than in any other region of the world.
The report states that users located in the Middle East and North Africa region purchased $566 billion worth of cryptocurrency from July 2021 to June 2022.
mentioned Report This is 48% more than a year earlier.
This growth is the highest compared to growth in other regions of the world, reaching 40 percent in Europe, 36 percent in North America and 35 percent in Central and South Asia.
According to the report, the Middle East and North Africa region is home to three of the top thirty countries in the 2022 Global Adoption Index: Turkey (12), Egypt (14) and Morocco (24).
Among the patterns of use of cryptocurrencies in the region, the most notable are related to savings, remittances and expanded regulation of cryptocurrencies.
Source: “Chinaliz”