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Saudi Arabian Monetary Authority

Saudi Arabia exploring blockchain and CBDC to reduce cash usage
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29 October, 2021

Saudi Arabia exploring blockchain and CBDC to reduce cash usage

Saudi Arabia Monetary Authority has been active in CBDC research as it seeks to digitize payments, although it has no...
Saudi Arabia bans crypto over ‘high risks,’ ‘negative consequences’
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16 August, 2018

Saudi Arabia bans crypto over ‘high risks,’ ‘negative consequences’

Saudi Arabia bans crypto over ‘high risks,’ ‘negative consequences’