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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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Саудовская Аравия выпустит собственную криптовалюту в 2019 году
Саудовская Аравия выпустит собственную криптовалюту для межбанковских транзакций в 2019-ом году, совместно с Объединенными Арабскими Эмиратами, сообщил глава департамента инноваций финансового регулятора королевства SAMA, Мохсен Аль Захрани. дальше »
2018-11-23 09:06 | |
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Саудовская Аравия и ОАЭ запустят совместную криптовалюту в 2019 году
Как заявил Мохсен Аль-Захрави, глава отдела инноваций Управления денежного обращения Саудовской Аравии (SAMA), в следующем году Королевство Саудовская Аравия запустит собственную криптовалюту, о чём сообщило на этой неделе Saudi Press Agency. дальше »
2018-11-22 14:01 | |
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When you wish upon an algorithm: Will Sophia ever be real?
Once upon a time, in the faraway land of Hong Kong, there was a robot named Sophia. It longed for nothing, felt nothing, and was incapable of even the mildest human emotion. But, its creator Geppetto – er, creators David Hanson and Ben Goertzel, I mean – wanted to bring it to life anyway. дальше »
2018-11-15 22:31 | |
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Saudi University Partners With Blocktech to Launch Blockchain Lab
As more areas open up to blockchain technology, we begin to see universities and other public services getting involved as well. This trend has extended into Saudi Arabia, where New York-based blockchain tech company, Blocktech, has partnered with Taibah Valley’s Taibah University in Madinah, where the two will launch the “Blockchain Lab. дальше »
2018-11-4 23:07 | |
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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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Bitcoin Developer’s Exchange Could Be the First Within the GCC Region
Talks of Bahraini cryptocurrency exchange Rain expanding into the GCC emerged on October 10, 2018, which would make Bitcoin developer Jimmy Song’s exchange the first in the region. The GCC, also known as the Gulf Cooperation Council, is a region within the middle east that includes all Arab States of the Persian Gulf except Iraq. дальше »
2018-10-13 13:00 | |
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Ripple Price Watch: Currency Jumps Ten Cents Following News from Saudi Arabia
Ripple is trading for about 31 cents at press time. This is roughly ten cents higher than where it was just a few days ago. The currency is doing unusually well and invites comparisons with Dogecoin in how high it’s risen over the past week. дальше »
2018-9-19 22:07 | |
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Ripple Just Confirmed a Landmark Deal With a Banking Giant in the Middle East
Ripple’s homegrown blockchain-powered global payment network has just bagged one of its biggest clients in Asia: the National Commercial Bank (NCB) of Saudi Arabia, a banking giant worth more than $120 billion. дальше »
2018-9-16 19:59 | |
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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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NCB Joins RippleNet
Thursday 13th September 2018 was when Ripple announced on their website that NCB (National Commercial Bank) of the Kingdom Saudi Arabia (KSA) has become the latest enterprise customer and joined up with RippleNet and Ripple’s fast growing network of payment providers, virtual asset exchanges, banks etc. дальше »
2018-9-14 16:30 | |
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National Commercial Bank of Saudi Arabia Joins RippleNet
For the last ten years the Kingdom of Saudi Arabia has been one of the largest sources of remittances in the world. According to the World Bank, 308 million dollars were sent into the KSA, and 37 billion dollars in remittances were sent from the country in 2016. дальше »
2018-9-15 07:28 | |
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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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Dubai’s BitOasis Exchange to Work with GCC About Saudi Arabia’s Crypto Ban
The Kingdom of Saudi Arabia offered a statement from the committee dealing with foreign exchange securities banning the use of virtual currencies in the kingdom as a currency. In a turn of events around the neighboring countries, BitOasis a cryptocurrency exchange is working with regulators in Arab states to increase the overall participation in digital […] дальше »
2018-8-20 22:02 | |
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Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab States
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. дальше »
2018-8-20 16:10 | |
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Bitcoin Trading Declared Illegal in Saudi Arabia
Considering the popularity of Bitcoin towards the end of 2017, this year has not been one of great achievements. As the digital currency markets are experiencing consistent declines, regulatory pressures are building up in the industry and the results have mostly been negative. дальше »
2018-8-17 16:30 | |
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Bans on Crypto Trading and Mining Active in the US Salamanca, Vietnam and Saudi Arabia
While Saudi Arabia proclaimed cryptocurrency trading illegal on Sunday, August 12, the Ministry of Finance in Vietnam placed a ban on importing crypto mining equipment. In addition to this, the US city of Salamanca voted anonymously for banning crypto mining within the city’s jurisdiction. дальше »
2018-8-15 15:21 | |
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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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Trading Bitcoin Declared Illegal in Saudi Arabia Despite the Great Strides Made
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. дальше »
2018-8-14 17:00 | |
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Saudi Arabia Officials: Cryptocurrency Trading Illegal
State officials in Saudi Arabia reissue warnings against trading and investing in cryptocurrencies. The official committee will also have the remit of notifying relevant agencies of any activity to reduce marketing exposure. дальше »
2018-8-14 16:00 | |
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Saudi Arabia Officials Warn that Bitcoin Trading is Illegal
Despite the country’s proactive and seemingly positive approach towards blockchain-based technologies, cryptocurrency trading remains heavily outlawed, officials reiterate. Bitcoin and Other Cryptocurrencies Are Illegal A standing committee, headed by the Capital Market Authority in Saudi Arabia and including representatives of the Ministry of Trade and Investment, the Ministry of Information, and the Saudi Arabian Monetary Agency, issued a formal statement, reaffirming the illegality of trading with Bitcoin and other cryptocurrencies. дальше »
2018-8-14 04:00 | |
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Saudi Arabian Regulators Reiterate Ban on Cryptocurrency Trading
A joint committee of Saudi Arabia’s regulatory bodies has issued a statement on cryptocurrency trading. The move hopes to protect local investors from the “high risks” associated with digital asset markets. дальше »
2018-8-14 00:45 | |
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Saudi Arabian Monetary Authority Bans Cryptocurrency Trading
Saudi Arabian lawmakers have published a declaration stating that all cryptocurrency trading within the kingdom is illegal. The standing committee responsible for the declaration labels cryptocurrency as a “get-rich” quick scheme and labels crypto investors as delusional. дальше »
2018-8-14 21:24 | |
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Tokenize Tesla to Take it Private Says Investor, But Musk Says Saudi Fund is Providing the Capital
An investor has suggested Musk could launch a Tesla Coin to take it private. Haydar Habra, of Andra Capital, says: “I love Tesla, I love Elon Musk, and I think... The post Tokenize Tesla to Take it Private Says Investor, But Musk Says Saudi Fund is Providing the Capital appeared first on Trustnodes. дальше »
2018-8-13 17:14 | |
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Remember, Crypto Trade In Saudi Arabia Is Illegal
Off the back of a surge in trading volume within Saudi Arabia, Saudi authorities have issued a reminder to their citizens to ensure that they are all aware that cryptocurrency trading an investment is illegal. дальше »
2018-8-13 16:30 | |
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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. дальше »
2018-8-13 16:00 | |
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Cryptocurrency Trading is Illegal in Saudi Arabia
State officials in Saudi Arabia have reminded citizens that trading in cryptocurrency is illegal in the country. This reminder comes following the recent emergence of virtual currency trading promotions in the Arab nation. дальше »
2018-8-13 14:50 | |
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All-female Saudi team reigns supreme at world’s largest hackathon
The first ever Hajj Hackathon finally concluded August 3rd with a prize ceremony after three days of activities. The event brought almost 3,000 makers from all around the world who created different products to improve the experience of pilgrims. дальше »
2018-8-8 10:33 | |
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Ethereum Classic (ETC) now available on UAE crypto exchange BitOasis
UAE bitcoin and cryptocurrency exchange BitOasis today announced that Ethereum Classic (ETC) is now available. Users across the United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, and Oman can now buy, sell and trade ETC with 0% transaction. дальше »
2018-8-6 13:19 | |
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Child suicides prompt game bans in Saudi Arabia
The Saudi Arabian Commission announced earlier this week it would be blocking almost fifty games following the suicides of two children. Supposedly, the two children, a 12- and 13-year-old, took their own lives after the playing the Blue Whale social media game. дальше »
2018-7-17 20:09 | |
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G20 Economics Group Want To See Worldwide Cryptocurrency Regulation
G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union. дальше »
2018-7-16 18:30 | |
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Elm And IBM To Work Together To Deploy Blockchain Solutions In Riyadh
Saudi company Elm is going into a partnership with IBM to facilitate the implementation of blockchain in Riyadh municipality. ITP.net, a Dubai-based news agency reported on Wednesday that Riyadh municipality would be going into a partnership with US technology Giant IBM to enable the implementation of the blockchain technology in payment and government services. Riyadh […] дальше »
2018-7-13 18:43 | |
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Saudi Arabia Continues to Move Forward On Blockchain
The Capital Market Authority of Saudi Arabia has approved fintech licenses for Manafa Capital and Scopeer to provide crowdfunding investment services on a trial basis, Reuters reported. This would mean that any investors could use the platforms to fund not only small enterprises but also mid-sized companies. дальше »
2018-7-13 15:59 | |
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Saudi Arabia Partners with IBM to Use Blockchain for Better Government Services
The government of Saudi Arabia remains steadfast in its determination to rely on Distributed Ledger Technologies to strengthen the progress of its economy. On July 11, 2018, the ITP news portal reported that the municipality of Riyadh had partnered with IBM to implement a series of blockchain technologies in various administrative and economic areas. дальше »
2018-7-13 21:23 | |
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IBM Continue To Lead The Way For Blockchain Partnerships
Tech giants IBM seem to be entering the blockchain industry through every door possible. As a company that has made its living through innovation at the cutting edge of technological design, IBM do need to take a hold of the blockchain and run with it. дальше »
2018-7-12 13:30 | |
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Riyadh Municipality Partners with IBM to Develop Blockchain for Government Services
Riyadh municipality in Saudi Arabia has partnered with IBM to jointly design a blockchain strategy to improve services in the government sector
дальше »2018-7-12 01:59 | |
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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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Reasons why IOTA adoption by Den Norske Bank will increase its price
In recent time, there had been an adoption of some cryptocurrencies by major banks around the world. Ripple Lab the owner of XRP cryptocurrency had been able to enjoy partnership with at least 75 banks with Bank of England, U. дальше »
2018-6-26 16:11 | |
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Ripple CEO compares company’s XRP ownership to Saudi Arabia’s oil
Ripple’s CEO, Brad Garlinghouse said that he believes that Ripple’s XRP token is not a security at the CB Insights Future of FinTech conference. He also offered three arguments to his case. The first argument presented by Brad involves the XRP Ledger. дальше »
2018-6-23 06:56 | |
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