Saudi Arabia moves to tokenize its multi-trillion economy

2026-5-17 23:45

Saudi Arabia is pushing to tokenize its multi-trillion economy to protect national wealth from global shocks. Vision 2030 drives on-chain asset strategy Saudi Arabia’s Public Investment Fund, which manages roughly $1 trillion in assets, approved its 2026-2030 strategy in April,… origin »

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Источник: Cripyo.news

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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 […]

2018-8-20 22:02


Фото:

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.

2018-8-14 04:00


Фото:

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.

2018-7-16 18:30


Фото:

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.

2018-7-13 21:23


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Tokenized Treasuries set record at $15.35 billion

Tokenized Treasuries hit a record $15.35 billion on May 13 as Fed rate-hike fears drove investors toward on-chain yield. Tokenized Treasuries reached $15.35 billion in total value locked on May 13, surpassing the previous mid-April peak of $15.10 billion, according…