
Chainalysis: UAE crypto activity rises 32% to $104.8B
- —UAE crypto activity hit $104.8B, up 32% year-on-year
- —Institutional platform inflows climbed 75% to $11.7B
- —Centralized exchange inflows reached $55B (+22%), DEX inflows topped $31B
- —MENA activity fell 1.4% to $443.3B; excluding the UAE it dropped 8.6%
Why it matters: The data suggests the UAE's licensing regime is drawing institutional capital even as the broader MENA region contracts.
Source: TokenPost