UAE Receives $35 Billion in Crypto in 1 Year
These and other figures appear in a report titled “Middle East and North Africa: Cryptocurrencies take hold as UAE leads the way in Promoting Regulatory Clarity.“
https://www.vanticatrading.com/post/uae-receives-35-billion-in-crypto-in-1-year
UAE has been really welcoming with crypto compare to other middle East countries hence the reason for massive influx of institutional adoption. The country is sure to experience a large and high scale breakthrough in the next bull cycle because it's gradually becoming the next crypto hub globally and even cryptocurrency exchange like Bitget are now operational in the country due to the friendly regulatory landscape.
I like the fact this exchange is gaining recognition in most countries, making it easier to reach a wider audience