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Crypto Expert Gets Job As Chief Of Saudi Arabia’s Central Bank Digital Assets Program
Crypto is playing an important role in the vast financial landscape of Saudi Arabia. Mohsen Al Zahrani, a former managing chief at Accenture, has been chosen by the Saudi Arabian Monetary Authority (SAMA) to spearhead its digital assets and central bank digital currency development. дальше »
2022-9-5 15:49 | |
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BSV association partners with Saudi Digital Academy to launch BSV Blockchain Academy in Saudi Arabia
The BSV blockchain’s Switzerland-based industry association and the Saudi Digital Academy (SDA) have signed a memorandum of understanding to launch a BSV Blockchain Academy in... дальше »
2022-2-8 14:09 | |
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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts
The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto. дальше »
2020-4-2 13:10 | |
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Is Ether (ETH) becoming a Digital Silver?
After drone attacks on Saudi oil facilities, oil rised 12% – for the first time in last 30 years. The Corn stayed flat. But Ethereum took off. Saudi company Aramco said it lost 5.7 million barrels of production per day as a result of the attack. This is about 50% of the total oil production […] дальше »
2019-9-16 17:48 | |
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Saudi Arabian Monetary Agency to expand scope of digital currencies after completion of pilot phase
Saudi Arabian Monetary Agency (SAMA), the financial watchdog for Saudi Arabia is considering to expand the scope of digital currencies to several banks and other countries after completion of its pilot project later this year, reported Al-Eqtisadiah. дальше »
2019-9-12 19:30 | |
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Saudi Banks Set to Curb Card Theft with DLT and Biometrics
In a bid to make it impossible for fraudsters to use stolen cards to withdraw money at automated teller machine (ATM) points, ShoCard, a mobile blockchain-powered digital identity platform has developed an identity management solution that combines biometric and distributed ledger technology (DLT). дальше »
2019-6-26 15:00 | |
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Saudi Arabia and UAE confirm joint cryptocurrency trial
Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE confirmed the news in a joint statement released today. дальше »
2019-1-29 17:23 | |
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UAE And Saudi Arabia To Develop Digital Currency For Cross-Border Payments
The cryptocurrency pilot program will test the potential of a central bank digital currency.
дальше »2019-1-22 21:07 | |
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Saudi Arabia and the United Arab Emirates (UAE) to Launch Pilot Cryptocurrency for Cross-Border Payments
Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. дальше »
2019-1-22 18:01 | |
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Dubai’s BitOasis Exchange to Work with GCC About Saudi Arabia’s Crypto Ban
The Kingdom of Saudi Arabia offered a statement from the committee dealing with foreign exchange securities banning the use of virtual currencies in the kingdom as a currency. In a turn of events around the neighboring countries, BitOasis a cryptocurrency exchange is working with regulators in Arab states to increase the overall participation in digital […] дальше »
2018-8-20 22:02 | |
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Bitcoin Trading Declared Illegal in Saudi Arabia
Considering the popularity of Bitcoin towards the end of 2017, this year has not been one of great achievements. As the digital currency markets are experiencing consistent declines, regulatory pressures are building up in the industry and the results have mostly been negative. дальше »
2018-8-17 16:30 | |
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Saudi Arabian Regulators Reiterate Ban on Cryptocurrency Trading
A joint committee of Saudi Arabia’s regulatory bodies has issued a statement on cryptocurrency trading. The move hopes to protect local investors from the “high risks” associated with digital asset markets. дальше »
2018-8-14 00:45 | |
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Saudi Arabian Monetary Authority Bans Cryptocurrency Trading
Saudi Arabian lawmakers have published a declaration stating that all cryptocurrency trading within the kingdom is illegal. The standing committee responsible for the declaration labels cryptocurrency as a “get-rich” quick scheme and labels crypto investors as delusional. дальше »
2018-8-14 21:24 | |
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