Saudi Arabia

Saudi Arabia Nears Launch of State-Backed Stablecoin, Pioneering Fintech

Saudi Arabia plans to launch a state-backed stablecoin regulated by its Central Bank and Capital Market Authority.The stablecoin is part of the Kingdom’s Vision...

Saudi Arabia to Allow Foreign Real Estate Ownership from 2026

Saudi Arabia will allow foreign investors to purchase real estate starting January 1, 2026.Initial opportunities for foreign ownership will focus on new developments in...

Saudi Arabia Joins BIS-Led Digital Currency Project, Paving Way for Less Oil Trade in U.S. Dollars

Saudi Arabia's central bank is now a full participant in the BIS-led Project mBridge.The project includes central banks from China, Hong Kong, Thailand, and...

The Sandbox Signs MOU with Saudi Arabia to Develop Metaverse Activities

The steps towards the metaverse in the Middle East continue and in this context a Memorandum of Understanding (MOU) has recently been signed between...

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Power and Physical Infrastructure: AI’s Lasting Constraints

Palihapitiya predicts AI competitors will converge across the full stack, intensifying competition between silicon, cloud, and application companiesMicrosoft introduced...

DeFi Development Corp SOL Hoard Rises 12%, CHAD Hits Record.

DeFi Development Corp added 22,070 SOL (~$2.37M) to its treasury last week, bringing its total holdings to roughly 2.59...

EU Council lifts DLT cap to €300B, big CASPs under ESMA

EU finance ministers agreed to raise the DLT Pilot Regime cap to €300 billion ($324 billion), far exceeding the...