Crypto P2P adoption in Middle East stymied by politics and tech
Data published by Arcane Research suggests that major P2P crypto platforms have struggled to take off in Iran and Lebanon. Data published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption. But undocumented migrants in western countries have been making use of these platforms to send money back home.According to an October report from the firm, peer-to-peer crypto trading volume, or P2P, across the Middle East and Northern Africa is roughly 15% what it was in late 2017....
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