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Merrick said Turkey handled about $200 billion in crypto transaction volume over the past year. He added that the country stands about four times ahead of the UAE. That gap places Turkey as the region’s largest .
Chainalysis backed that view in its 2025 Geography of Cryptocurrency Report. The firm said Turkey led MENA with nearly $200 billion in annual crypto volume, while the UAE recorded $53 billion. It also said speculation drives much of Turkey’s activity, alongside inflation pressure and demand for alternative financial…
