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Saudi Arabia

shutterstock_1283098183
Markets
Payments
Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
shutterstock_1283098183
By Yogita Khatri
Jan 29, 2019 at 12:30 p.m. UTC
Jan 29, 2019
PaymentsRemittancesUAEBankingNewsCentral BankingCentral Bank Digital CurrencySaudi Arabia
saudi-arabia
Markets
Regulation
Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs
A governmental committee comprised of Saudi Arabian regulators has issued a statement warning that cryptocurrency trading is illegal in the kingdom.
saudi-arabia
By Wolfie Zhao
Aug 13, 2018 at 1:00 p.m. UTC
Aug 13, 2018
RegulationNewsTradingSaudi Arabia
sa
Markets
Ripple
Saudi Central Bank to Test Ripple Payments Tech
Ripple has struck a deal with Saudi Arabia's central bank on a pilot program that will see banks in the country trial the company's tech.
sa
By Stan Higgins
Feb 14, 2018 at 4:20 p.m. UTC
Feb 14, 2018
RippleNewsSaudi ArabiaBusiness News
uae-2
Markets
Payments
Saudi, UAE Central Banks Team Up to Test Cryptocurrency
The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.
uae-2
By Stan Higgins
Dec 13, 2017 at 10:15 p.m. UTC
Dec 13, 2017
PaymentsUAEDubaiNewsCentral BankingCross-Border PaymentsSaudi ArabiaUse Cases & Verticals
alwaleed
Markets
Bitcoin
Saudi Prince Al-Waleed: Bitcoin Is 'Going to Implode'
A senior member of the Saudi royal family struck a critical tone about bitcoin during a media appearance today.
alwaleed
By Stan Higgins
Oct 23, 2017 at 8:35 p.m. UTC
Oct 23, 2017
BitcoinNewsMarketsSaudi ArabiaMarkets News