Turkey’s Crypto Market Booms, Surpassing UAE by $150 Billion

Turkey has emerged as the leading crypto market within the Middle East and North Africa (MENA) region, with its annual trading volume hitting an impressive $200 billion. This figure dwarfs the United Arab Emirates’ second-place position at $53 billion, according to recent data from Chainalysis. However, this dominance is largely driven by speculative trading in altcoins rather than widespread adoption for everyday use or decentralized applications. ]