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The Saudi British Bank (SABB) has become the first Saudi bank to partner with enterprise software firm and global banking consortium R3 on its Corda platform Go to Source Powered by WPeMatico
Following the statement by Saudi Arabia declaring cryptocurrency illegal, the largest crypto exchange in the Middle East and North Africa is working with regulators across the region to develop crypto regulations. Bitoasis confirmed its platform is unaffected by the Saudi Arabian crypto stance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitoasis Working With … Read more
Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative consequences” and “high risk,” the government believes it must protect subjects from themselves. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots Saudi Arabian Monetary Authority … Read more
Trading cryptocurrencies is illegal in the kingdom of Saudi Arabia, as they are high risk to traders and are out of the government’s supervision. This is according to a statement issued on August 12 by a standing committee comprised of regulators from various government institutions. The statement made it clear that no entities are licensed … Read more
The Saudi government has issued a warning that dealing in digital currencies is prohibited in the Kingdom, citing “high risks” and “negative consequences” Go to Source Powered by WPeMatico
A new report from Accenture states that Iran-based ransomware demanding payment in crypto is on the rise and will further escalate in the current geopolitical climate Go to Source Powered by WPeMatico
Riyadh municipality in Saudi Arabia has partnered with IBM to jointly design a blockchain strategy to improve services in the government sector Go to Source Powered by WPeMatico
Muslim entrepreneurs, investors, and governments are intent on being leaders in the competitive global marketplace Go to Source Powered by WPeMatico
Saudi Arabia’s communications ministry hosted a blockchain ‘bootcamp’ with ConsenSys last week. #NEWS Go to Source Powered by WPeMatico
There has always been a question as to how one could use blockchain technology for the benefit of millions of people. Outside of the financial sector, a fair few use cases are being explored right now. Surprisingly, it seems Saudi Arabia is leaning toward using this innovative technology to revolutionize the energy sector. With a peer-to-peer trading … Read more
