China and Middle Eastern countries are exploring a "Bitcoin buying strategy" amid evolving crypto regulations. China's crypto market faces strict government oversight, with ICOs banned and transactions monitored, but Bitcoin can still be bought with yuan on select exchanges. In the Middle East, the UAE leads with regulatory clarity, while Saudi Arabia, despite past bans, is warming to crypto, as seen with the 2022 appointment of a "Crypto Chief." This follows the U.S. establishing a Strategic Bitcoin Reserve, influencing global crypto dynamics.