The Middle East and North Africa (MENA) region is now the seventh-largest market for cryptocurrencies, according to a recent Chainalysis report. The report revealed that between July 2023 and June 2024, countries in the region received $338.7 billion in cryptocurrencies, representing 7.5% of the global on-chain value. Türkiye led with ...
Blockchain analytics firm Chainalysis has raised concerns about the potential use of domestic crypto exchanges by the Russian government to evade international sanctions. In a recent report, the firm highlighted two crypto platforms, Garantex and Exved, as potential resources for Russia to facilitate cross-border trade despite ongoing financial restrictions. According ...
According to a recent report by blockchain analytics firm Chainalysis, web3 gambling platforms have attracted over $78.7 billion worth of cryptocurrencies from players in the last four years. The report, covering the period from January 2020 to July 2024, highlighted the sector's impressive ability to attract substantial users despite ...
Chainalysis has recently announced the establishment of its regional headquarters in Dubai for the Middle East, Southern Europe, Central Asia, and Africa. This move, according to its latest press release, demonstrates its commitment to recruiting skilled professionals in traditional finance, Web3.0 technologies, and regulatory compliance to operate from their regional ...
