Tag: Saudi Arabia
Saudi Central Bank Bets on Bitcoin Through Strategic Move
Saudi Central Bank funds indirect Bitcoin participation strategy. Move aligns with Vision 2030’s economic diversification goals. Reflects growing global interest in cryptocurrencies among central banks.…
Saudi Arabia and South Korea Join Hands to Establish More Blockchain Gaming
South Korea and Saudi Arabia are teaming up in the name of blockchain. The southern region of the latter country has joined hands with Wemade…
UAE Attracts a New Exchange Thanks to Its Positive Crypto Stance
Crypto exchange Bitex UAE has set up shop in the United Arab Emirates after the country vowed to introduce clear and comprehensive regulations next year.…
Saudi Arabia Will Launch Its Own Cryptocurrency in 2019
Various countries mull creating their own cryptocurrencies. That is not an easy feat, as many different aspects need to be considered. In Saudi Arabia, such…
Another Feather in Ripple’s Cap: Saudi Arabia’s National Commercial Bank Joins RippleNet
Ripple has announced that the National Commercial Bank (NCB) has joined RippleNet. NCB is known to be the first bank of Saudi Arabia, as well…
Saudi Arabia Officials Warn that Bitcoin, Cryptocurrency Trading is Illegal
Saudi Arabia’s special government committee dedicated to the “awareness on dealing with unauthorized securities activities in the foreign exchange market” has warned against transacting with…
Saudi Arabia Increases Focus on Blockchain Startups
Blockchain startups are of great interest to companies and governments alike. In Saudi Arabia, there’s a genuine effort underway to incorporate as many blockchain solutions…
Ripple is Venturing into the Saudi Arabian Banking Sector
Ripple continues to make media headlines all over the world these days. After initial successes in Asia, the company is now establishing a global presence.…
