Bitget Research, the research arm of the world’s leading cryptocurrency exchange and Web3 company Bitget, has released an in-depth report on cryptocurrency adoption in the Middle East region. The document delves into key aspects influencing the rate of adoption, as well as their impact on user behavior. Key takeaways: In 2024, there was an average of 500,000 daily crypto traders locally, marking a 166% increase year-over-year. The UAE leads the region in crypto adoption, with 72% of local users investing in Bitcoin. Local countries predominantly rely on global centralized exchanges, with minimal demand...