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MENA crypto markets: licensing, conflict and connectivity

Chainalysis puts MENA's crypto economy at $443.3 billion for July 2025–June 2026, down 1.4%, while the UAE grew 32%, highlighting regional differences.

The report links shifts in Türkiye to its licensing transition and observes falling bitcoin transactions during Iranian internet shutdowns. This is period-specific activity research; regional totals do not directly measure payment adoption.

A flat regional total can conceal concentration in one market and contraction elsewhere. Separate countries, service types and connectivity conditions before treating different changes as one adoption story.

Chainalysis · 2026.10.30 · Collected