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News Explorer — UAE Has Attracted Over $35B in Institutional Investment in Cryptocurrencies Since June 2022

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Sep 28, 9:20 am
Blockworks

UAE Has Attracted Over $35B in Institutional Investment in Cryptocurrencies Since June 2022

The United Arab Emirates (UAE) has seen a surge in institutional investment in the crypto space, with over $35 billion in cryptocurrency value received since June 2022. Institutional investments accounted for more than 67% of cryptocurrency transactions in the UAE, indicating a growing interest from organizations and high-net-worth individuals in adding crypto to their investment portfolios. The UAE's business-friendly environment, strategic location, and regulatory clarity have contributed to its position as a global crypto hub.

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