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Report: One third of Israelis and Emiratis own cryptocurrency

Both Israel and the UAE have emerged as centers of cryptocurrency in the Middle East.

A picture taken on Feb. 6, 2018, shows a visual representation of the digital cryptocurrency Bitcoin.
A picture taken on Feb. 6, 2018, shows a visual representation of the digital cryptocurrency Bitcoin, at the Bitcoin Change shop in the Israeli city of Tel Aviv. — JACK GUEZ/AFP via Getty Images)

A New York-based cryptocurrency exchange released a report today detailing cryptocurrency ownership in the Middle East. 

Gemini published its first “Global state of crypto” report following what it said was a pivotal year for digital currencies. The exchange conducted a poll of people in various countries to determine worldwide rates of cryptocurrency ownership and related findings. 

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