2023-10-11 12:57 |
A university in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused AI system called AceGPT. origin »
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Recently, the Central Bank of the UAE partnered with Saudi Central Bank (SAMA) issued a report which explains all the benefits of using a distributed payment system and combining it with a centralized payment structure.
2020-11-30 14:02 | |
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A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
2020-11-30 21:42 | |
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The middle east is known for its oil production. It appears that the region will also have a head start as regards blockchain technology. The Saudi Arabian Monetary Authority in a tweet just announced that blockchain technology had been deployed within its financial system.
2020-6-10 11:13 | |
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Saudi Arabia’s central bank – the Saudi Arabian Monetary Authority (SAMA) – announced that it recently deposited part of its liquidity injections to local banks via a blockchain-powered system.
2020-6-9 00:00 | |
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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).
2019-6-26 15:00 | |
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Hellenic Shipping News reported May 20, 2019 that Saudi Customs successfully departed the first shipment that is powered by blockchain technology. It is headed to Rotterdam, Netherlands. Other Ports of Saudi Arabia May Soon See a Blockchain System For the very first time in 2018, a container was processed over the blockchain technology by CargoX,Read MoreRead More.
2019-5-21 15:00 | |
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Ripple continues to grow as the blockchain technology most used in the international banking system. After revealing that more than 200 financial institutions had adopted its technology solutions, the company adds a fresh partner thanks to the.
2019-4-28 00:01 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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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.
2019-1-29 17:23 | |
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Hong Kong's sandbox role allows China to explore new financial technologies, like a gold-backed digital asset. Why does it matter? It could potentially be a stable alternative to the dollar.
Crypto money laundering is no longer centred on large, centralised exchanges. Instead, informal Chinese-language networks are playing a growing role in helping criminals move and disguise illicit funds.
A hard-start approach may force compliant firms to stop operations. The HKSFPA urges a 6–12 month grace period for applicants. The association also raised concerns over the CARF framework.
Seventy-six governments have pledged to share crypto data under CARF. Fifty-three countries have signed the agreement enabling automatic exchange. Switzerland delayed its timeline while the US continues its internal review.
HashKey Holdings Ltd. , operator of Hong Kong’s largest licensed cryptocurrency exchange, is seeking to raise as much as HK$1. 67 billion ($215 million) through an initial public offering, marking a significant test of the city’s ambitions to position itself as a regional digital-asset hub.
The People’s Bank of China has officially established the Digital RMB Operation and Management Center as the nation prepares its digital currency for widespread adoption. According to a recent report by Chinese media Capital Finance, the Governor of the central…
Some $19 billion in liquidated crypto positions marked the most significant single-day purge of leveraged bets in cryptocurrency history.