Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
Strong currency devaluation pushes citizens towards crypto but is political unrest a bigger driver?
Liam 'Akiba' Wright 4 min read 
Bitcoin's pullback last week reduced perpetual open interes by over $3 billion, to more stable levels.
Market observers said the move further cements the UAE as a prominent crypto hub.
Polymarket's decentralized platform attracts record user engagement with over 89,000 new accounts in September.
Crypto long positions endure cascading liquidations for the past 24 hours as Iran launches an air strike against Israel.
Buterin warned against situations where market acts as a primary incentive for harmful actions.
Ripple's approval by Dubai Financial Services Authority enhances its global reach and bolsters its businesses.
The new rules, effective Oct. 1, will require companies to provide clear warnings about the risks associated with digital currencies.
With the establishment of Dubai's VARA in 2022, UAE has snagged the global spotlight, attracting crypto businesses and talents.
