Saudi Arabia and UAE to Pilot Cryptocurrency for Cross-Border Payments

Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. National Crypto As stated in the WAM press […]

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“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm | BTCMANAGER

According to Abdulaziz Al Jouf, CEO of Saudi based digital payments platform PayTabs, cryptocurrencies will succeed as an asset class regardless of the worldwide concerns around their unregulated and volatile nature. Can’t Control, Will Ban Speaking to the Arabian Business, Al Jouf said that he does not see digital currencies […]

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Ethereum’s ConsenSys and Saudi Ministry Hold "Blockchain Bootcamp"

Ethereum’s powerhouse, Consensus Systems (ConsenSys), has conducted a three day blockchain bootcamp with Saudi Arabia’s Ministry of Communications and Information Technology (MCIT). “From guided exercises to coded examples, this bootcamp comes in response to the Ministry’s desire to enable the Saudi technical youth to learn about the key advantages of Blockchain […]

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