Saudi Arabia

Bitcoin's Next Move Ahead of Tomorrow's Fed Interest Rate Decision

Prime Trust Chief Product Officer Sara Xi discusses her outlook for bitcoin as investors await the interest rate decision from the Federal Reserve’s two-day meeting. Plus, why...

By undefined undefined

Mar 15, 2022 at 8:19 p.m. UTC

Mar 15, 2022

Bitcoin NewsFederal ReserveChinaCDTVbtcaab clipInflationPrime TrustFedSaudi Arabia

A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales

Video

Bitcoin news

A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales

Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominanc...

By undefined undefined

Mar 15, 2022 at 6:39 p.m. UTC

Mar 15, 2022

Bitcoin NewsChinaDollarCDTVbtcHash clipBeijingSaudi ArabiaYuan

Markets

Saudi arabia

Crypto Exchange With No Trading Fees to Launch in Middle East

Announced on Thursday, the Fasset Exchange (FEX) is open for private beta enrollment and is planning a public launch later this year.

By Jaspreet Kalra

Sep 24, 2020 at 5:36 p.m. UTC

Sep 24, 2020

Saudi ArabiaBahrainCrypto Trading

Policy

Blockchain technology

Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance

The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.

By Danny Nelson

Sep 3, 2020 at 4:26 p.m. UTC

Sep 3, 2020

Blockchain TechnologyOECDG20Saudi ArabiaCoinFlash

Markets

China

What the Stock Market's 'Robinhood Rally' Means for Bitcoin

The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

By Nathaniel Whittemore

Jun 9, 2020 at 7:35 p.m. UTC

Jun 9, 2020

ChinaStock MarketSaudi ArabiaMakerDAORobinhoodBinancePodcastsThe Breakdown

Policy

Iran

Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East

Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.

By Leigh Cuen

Mar 13, 2020 at 8:15 p.m. UTC

Mar 13, 2020

IranLebanonMiddle EastBitcoinSaudi ArabiaBitcoin as Safe Haven

Policy

Iran

Why Energy Experts Are Watching Crypto as Oil Wars Emerge

Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.

By Leigh Cuen

Mar 11, 2020 at 9:40 p.m. UTC

Mar 11, 2020

IranRussiaBitcoinOil MarketsSaudi ArabiaOilCoronavirus

Markets

Iran

What the Oil Market Says About Bitcoin's 'Safe Haven' Status

“I don’t think any asset is safe right now – except cash, U.S. dollars.”

By Leigh Cuen

Mar 9, 2020 at 9:53 p.m. UTC

Mar 9, 2020

IranRussiaBitcoinSaudi ArabiaOilBitcoin as Safe Haven

Finance

Investments

One of World's Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment

Oil-giant subsidiary Saudi Aramco Energy Ventures has made a $5 million investment in Vakt, a commodities post-trade processing platform built with blockchain tech.

By Daniel Palmer

Jan 28, 2020 at 10:45 a.m. UTC

Jan 28, 2020

InvestmentsSaudi ArabiaOil