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Fri Jun 07 2024
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7 answers
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Is crypto popular in Saudi Arabia?｜In the Cryptocurrencies market, . User penetration will be 21.77% in 2024 and is expected to hit 24.68% by 2028.the number of users is expected to amount to 9.51m users by 2028
Could you elaborate on the popularity of cryptocurrencies in Saudi Arabia? It seems that user penetration is projected to increase significantly in the coming years, reaching 24.68% by 2028. What factors might be driving this growth? And how does the Saudi Arabian government view the rise of cryptocurrencies? Are there any specific regulations or policies in place to support or restrict their usage? Additionally, how does the general public in Saudi Arabia perceive cryptocurrencies? Are they widely accepted as a form of payment or investment? Finally, could you provide any insights on the potential impact of cryptocurrencies on the Saudi Arabian economy in the long run?
