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Middle East Crypto Activity Triples to $350B Amid Iran Conflict

Crypto activity in the Middle East tripled to $350 billion amid ongoing conflict, driven by demand for digital assets to preserve and transfer wealth. Gulf crypto businesses have continued operating through the disruption, the report found.

Original source

AI take

The surge in Middle East crypto activity signals that digital assets are being used as a hedge against geopolitical instability, not just as speculative instruments. That Gulf businesses kept operating through the conflict points to regional infrastructure maturing under stress. The key question is whether this volume is a temporary flight-to-safety spike or a structural shift in how wealth is managed in conflict-prone areas.

Generated by AI for reference only.

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