Which is The Fastest Growing Crypto Region in the World?
The cryptocurrency markets are taking on the traditional financial sectors which include the stock markets, banks, and commodities, among others. While the United States and Europe are ahead in terms of crypto adoption despite fierce criticism, other countries are catching up. Dubai, the Middle East, and North Africa (MENA) are now the fastest-growing regions in the world adopting the use of cryptos. Middle Eastern countries namely Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Saudi Arabia, Oman, Lebonan, Qatar, and the United Aran Emirates are experiencing a surge in crypto transactions , reveals a report from Chainalysis. Also Read: Did GTA 6 Hacker Receive 2.2 Bitcoin’s to Leak the Game Source Code? On the other hand, North African countries namely Egypt, Libya, Morocco, and Tunisia, recorded a growing number of crypto transactions . The MENA countries combine more than 9% of all crypto transactions that were recorded between Q2 and Q3 of 2022. The combined MENA nations a...