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Trump's crypto revolution fuels Middle East's digital finance ambitions

2025-03-05 Author: Content Editor

The Middle East and North Africa (MENA) region has experienced significant growth in the cryptocurrency market over the past year, thanks to Bitcoin's rise in value. The MENA region is now the seventh-largest crypto market in the world, accounting for 7.5% of global transaction volume. Countries like the UAE and Saudi Arabia are seeing an increasing interest in decentralized finance (DeFi) platforms. The return of Donald Trump to the US White House has encouraged Middle Eastern governments to strengthen their regulatory frameworks, attracting investment from regional and international sources. Major financial institutions, including Goldman Sachs and JPMorgan, are revising their cryptocurrency strategies to align with the new administration's vision, leading to a notable increase in blockchain company registrations in Dubai. The connections between the Trump administration and the Middle East's crypto ambitions have been strengthened through high-profile endorsements. MENA has established itself as a pivotal force in the digital asset arena, with institutional investors driving adoption. The region aims to build a sustainable infrastructure, positioning itself as a leader in the next phase of the global financial revolution.

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