A Mining Grid report shows that the UAE attracted $34 billion in crypto inflows between July 2023 and June 2024—a 42% annual increase. This helped push the region’s crypto inflows to $338.7 billion, ranking the Middle East as the world’s 7th largest crypto economy. Institutional transfers accounted for 93% of the volume, and over 500,000 daily active traders are now in the UAE. 

Souce: FF news