Binance seeks to boost Web3 adoption in the MENA region

Cointelegraph

Published Oct 07, 2022 02:45PM ET

Updated Oct 07, 2022 04:20PM ET

Blockchain exchange Binance has reported an increase in user growth across the Middle East and Northern Africa (MENA) region, alleging a 49% surge in user sign-ups so far in 2022.

According to the exchange, this growth indicates an increasing interest in virtual assets supported by progressive government initiatives. This could enable regulated businesses to enter the space, thereby raising awareness and driving adoption.

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