The UAE has a population of over 10.48 million, and can you imagine that 25.3% of the population owns cryptocurrencies? This was one of the key findings from the research and consulting firm Atmos Research in March 2025. The firm reported that the UAE is ranked first among the “most crypto-obsessed countries” in 2025, with a 98.4% score.
These insights from Mining Grid are also making waves
And here is another significant report from Mining Grid, a Dubai-based blockchain company providing Bitcoin mining solutions. A $34 billion (Dh124 billion) in crypto inflows, meaning, this staggering billion worth of crypto was transferred into the country. This marks a 42% year-on-year growth rate between July 2023 and June 2024, positioning the country globally as the seventh largest based on the total volume of crypto inflows.
The report also revealed that over 500,000 daily crypto traders are now active in the UAE, making it a key leader in the MENA region. The entire MENA region has shown an 11.73% YoY Growth with $338.7 billion in crypto inflows.
Who is driving the force behind the UAE’s crypto adoption?
At the global level, youngsters have mostly peeked their heads into crypto investments, and the same applies in the UAE. Over 74% of young adults aged 25-34 express a strong interest in crypto, and 21% plan to trade crypto within the next 12 months, according to the report.
Mining Grid analysts also stated: “youth-led accounts will become the ‘largest new onboarding segment in the region by Q4 2025, and Gulf countries are expected to continue exploring sustainable crypto mining practices.”
Why are crypto investors clinging to the UAE?
The core reason for the surge in crypto investors in the country is due to its robust and progressive regulatory frameworks, specifically, VARA (Virtual Assets Regulatory Body). Moreover, zero tax policy also drives the country’s boom in crypto inflow over the last year.
Besides the surge in crypto use, the UAE is also experiencing an exponential growth in Web3 and blockchain adoption, with real estate tokenization, exploring virtual asset use cases in property transactions, and crypto payments initiation for government fees, and much more.
