The number of Saudis who deal and own cryptocurrencies has reached about 591.2 thousand citizens, while economic reports have reported that there are 11. 34 million Arabs who own money in cryptocurrencies, spread over 14 countries.34 million Arabs own money in cryptocurrencies, spread across 14 countries, overcoming the high risks of this investment and many Arab central banks warn against dealing in them.

33 million Egyptians own cryptocurrencies

Egypt, the UAE and Morocco led the Arab countries in cryptocurrency ownership by number with 3.33 million, 2.63 million and 1.85 million people, respectively. <In terms of their percentage of the population, the UAE has the highest percentage, with people who own cryptocurrencies making up 27.7 percent of the country's population, followed by Morocco at 4.9 percent and Egypt at 3 percent.
Worldwide, 420 million people have money in cryptocurrencies, with India leading the global ranking with 103.3 million (7.2 percent of the population), followed by China 58.2 million (4.1 percent of the population), the United States 45 million (13.2 percent of the population), Vietnam 20.3 million (20.5 percent of the population), and Pakistan 15.4 percent (6.4 percent of the population).

People with cryptocurrency holdings are the highest in the world.

Bitcoin plunges

<According to reports, the most popular cryptocurrency Bitcoin was down 64 percent in 2022, while it is currently trading near 25,000 per unit, down 8 percent in June, after falling 7 percent in May.

Back to Arab investors in cryptocurrencies, Egyptians led with 3.33 million people (29.3 percent of Arabs), followed by the UAE 2.63 million (23.2 percent of the total), Morocco 1.85 million (16.4 percent of Arabs), Algeria 994.4 thousand (8.8 percent of the total), and Iraq 822 thousand (7.2 percent of the total).

Arab investors in cryptocurrencies were led by Egyptians with about 3.33 million people (29.3 percent of the total).