MENA Crypto Trading Volume Hits $350 Billion, Saudi Arabia Surges 154%
Crypto trading volumes in the MENA region have reached nearly $350 billion annually, more than tripling from $100 billion in 2022, according to the Bitcoin Policy Institute. Saudi Arabia leads with 154% year-over-year growth, driven by institutional transfers (93% over $10,000). Turkey remains the largest market at nearly $200 billion, boosted by lira depreciation. The UAE recorded $53 billion in transactions, supported by regulatory frameworks like VARA and ADGM. Stablecoins account for 45%–52% of regional activity, surpassing Bitcoin’s share.








