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Crypto Exchange, Rain Financial, Secures Backing from Coinbase Following ‘Tremendous Growth’
Crypto-asset trading platform Rain Financial. Inc. has raised $6 million in the Series A funding round led by venture-capital firm Middle East Venture Partners. Other investors in the four-year-old company that mainly serves users in the Middle East and North Africa include Coinbase, the biggest crypto exchange in the US, Saudi Arabian private-equity investor Vision […] The post Crypto Exchange, Rain Financial, Secures Backing from Coinbase Following ‘Tremendous Growth’ first appeared on BitcoinExchangeGuide. дальше »
2021-1-19 20:34 | |
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Besides Oil Production, Will Saudi Arabia Lead the Middle East in Blockchain Adoption?
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. дальше »
2020-6-10 11:13 | |
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Bitcoin Follows Stock Market, Jumps on Trump’s Pledge of “Major” Economic Support
Shares around the world had their worst day since the 2008 financial crisis leading the day to be dubbed “Black Monday. ” The main US financial indexes closed down by over 7% as a row between Saudi Arabia and Russia saw oil prices plunge. дальше »
2020-3-10 16:29 | |
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G20 Wants Tougher Rules for Cryptocurrencies; Urging Members To Adopt FATF Standards
G20 central bankers and finance ministers want to push for a wider adoption when it comes to the standards compelling crypto exchanges to disclose information about users. After a weekend summit in Riyadh, the Saudi Arabian capital, G20 members of financial institutions said countries haven’t aligned themselves with the international and intergovernmental standards imposed by […] дальше »
2020-2-25 21:46 | |
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G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. дальше »
2020-2-24 08:50 | |
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Announcing Muadh Alhusaini as a speaker at the FiNext Conference Dubai 2020
Muadh Alhusaini is a Co-Founder at Ehata Financial, which is the first authorized Saudi advisory house focused on financial derivatives, including policy setting, structuring, pricing, valuation, and The post Announcing Muadh Alhusaini as a speaker at the FiNext Conference Dubai 2020 appeared first on AMBCrypto. дальше »
2019-12-11 09:30 | |
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Announcing Muadh Alhusaini Perret as a speaker at the FiNext Conference Dubai 2020
Muadh Alhusaini is a Co-Founder at Ehata Financial, which is the first authorized Saudi advisory house focused on financial derivatives, including policy setting, structuring, pricing, valuation, and The post Announcing Muadh Alhusaini Perret as a speaker at the FiNext Conference Dubai 2020 appeared first on AMBCrypto. дальше »
2019-12-11 09:30 | |
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Ethereum Foundation Seeks ‘Moonshot’ Partnership with Gulf Coast Finance Experts
The Ethereum Foundation is working with financial experts to set up Sharia-compliant products in the crypto community. Presently, cryptocurrency trading is banned in Saudi Arabia. The key to keeping the cryptocurrency industry alive over time is to ultimately have support from regions around the world in some way. The Ethereum Foundation is not taking this […] дальше »
2019-7-3 17:09 | |
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Ripple partners with Ria Financial Services to “pump up” cross border trading
Ripple has dominated the cryptospace owing to its numerous collaborations, with the latest announcement being its participation in the Saudi British Bank’s (SABB) initiative for Instant Cross-Border Payment Service. дальше »
2019-5-2 03:00 | |
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A $50 Billion Banking Giant Launches International Payments with Ripple’s XRP
By CCN. com: At the Financial Sector Conference on April 24, Saudi British Bank (SABB) announced the launch of its Instant Cross-Border Transfer Service, a payments infrastructure based on the Ripple blockchain network that utilizes crypto asset XRP for liquidity. дальше »
2019-4-30 16:02 | |
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Leading Bank Of Saudi Arabia Launches Ripple Based Cross-Border Instant Payments
Ripple can add another bank to the list of financial entities using its cross-border payments focused technology, as the… The post Leading Bank Of Saudi Arabia Launches Ripple Based Cross-Border Instant Payments appeared first on Invest In Blockchain. дальше »
2019-4-29 09:30 | |
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Saudi British Bank Launches Instant Cross-Border Payments Service Based on Ripple
During the first edition of the Financial Sector Conference, a part of the Financial Sector Development Program, held in Riyadh, Saudi Arabia, on 24th & 25th April, Saudi British Bank announced the launch of its Ripple-powered payment services for instant cross-border payments. дальше »
2019-4-28 21:00 | |
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Saudi British Bank Launches Ripple-Powered international Transfer Service
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. дальше »
2019-4-28 00:01 | |
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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners
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. дальше »
2019-3-1 17:19 | |
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Multiple Saudi Arabia and UAE Commercial Banks Join Cross-Border Crypto Transaction Network
Six commercial banks operating in the UAE and Saudi Arabia have joined a currency project that aims to conduct cross-border transactions using crypto. Argaam, a major financial news portal in Saudi Arabia, first revealed the news. дальше »
2019-2-5 21:44 | |
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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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Kuwait Financial House Launched an Instant Cross-border Remittance Service Using Ripple’s Blockchain Technology
Kuwait Financial House announced in a tweet last week that the company started operating an instant cross-border remittance service through Ripple’s blockchain. The service was made available to beneficiaries at the Saudi Al Rajhi Bank in Saudi Riyal (SAR) with no remittance fees. дальше »
2019-1-21 17:59 | |
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Op Ed: Bitcoin Is a Declaration of Our Monetary Independence
Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world’s first live cryptocurrency exchange, in 2013, right next to the New York Stock Exchange — as immortalized in the Netflix documentary “Banking on Bitcoin. дальше »
2018-12-15 21:43 | |
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G20 Summit: We Will Regulate Cryptocurrencies ‘In Line with FATF Standards’
G20 countries have agreed to regulate cryptocurrencies in line with Financial Action Task Force (FATF) standards at the second session of the summit held in Buenos Aires, Argentina. ‘We will regulate crypto-assets for anti-money laundering’ On Saturday, a joint declaration was officially signed by all G20 nations, reports The Saudi Gazette. дальше »
2018-12-2 17:00 | |
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Saudi Arabia Explores Option to Launch a New Cryptocurrency Coin with UAE in 2019
Saudi Arabia may be ready to launch a cryptocurrency in 2019. The information was released by the Saudi Press Agency on Tuesday quoting Mohsen Al Zahrani, Head of Innovation at the Saudi Arabia Monetary Authority (SAMA). дальше »
2018-11-24 21:50 | |
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Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
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Ripple Enters Saudi Arabia: A Partnership With NCB Is A Good Thing For XRP
the popular financial institution will now be in a prime position to embrace the blockchain technology and ultimately help in the campaign to foster wide-spread adoption of the technology as well as cryptocurrencies in the region. дальше »
2018-9-16 18:23 | |
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National Commercial Bank of Saudi Arabia Joins Forces with RippleNet
When it was authorized as the first established bank in Saudi Arabia, the National Commercial Bank (NCB) was slated to become the largest financial institution in the Middle East. Sixty-five years and 400 branches later, the Kingdom of Saudi Arabia (KSA) has joined forces with Ripple’s cryptocurrency enterprise. дальше »
2018-9-15 13:00 | |
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RippleNet welcomes National Commercial Bank of Saudi Arabia
Ripple, the enterprise blockchain solution for global payments has confirmed that The National Commercial Bank (NCB) of Saudi Arabia has joined RippleNet, which enables the bank to connect to RippleNet financial institutions around the world. дальше »
2018-9-15 07:07 | |
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Saudi Arabian Princess Becomes MenaPay Board Member
Dubai-based MenaPay is creating a crypto payment gateway to replace traditional financial institutions in the Middle East and North… The post Saudi Arabian Princess Becomes MenaPay Board Member appeared first on Invest In Blockchain. дальше »
2018-9-1 11:28 | |
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Saudi Arabia Declares Bitcoin Trading Is an Illegal Activity
Saudi Arabia’s financial watchdog, the Standing Committee for awareness on dealing in unauthorized securities has stated categorically on August 12, 2018, that cryptocurrency trading is illegal in the kingdom of Saudi Arabia. дальше »
2018-8-15 14:00 | |
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Regulators Finally Conclude Blockchain and Bitcoin are “Inseparable”
Singapore’s Chief Financial Technology Officer, Sopnendu Mohanty became the first official in the capacity of a financial regulatory body, to reiterate that ‘native tokens’ are inseparable from decentralised blockchain. дальше »
2018-7-12 22:19 | |
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