UAE crypto asset activity grows 32% year-over-year to $104.8 billion, ranking second in the Middle East and North Africa

Odaily report: According to the Middle East and North Africa crypto adoption report released by Chainalysis, from July 2025 to June 2026, the scale of crypto asset activity in the UAE grew 32% year-over-year to $104.8 billion, ranking second in the region, behind only Turkey's $144.5 billion. This scale measures the value of assets flowing into crypto service providers and channels such as peer-to-peer, not the market value of asset holdings.

During the same period, the overall scale of the Middle East and North Africa region fell 1.4% to $443.3 billion; excluding the UAE, the decline in the remaining markets was 8.6%. Inflows to centralized exchanges in the UAE increased 22% to $55 billion, while inflows to institutional platforms such as custodians and market makers increased 75% to $11.7 billion.