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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UK regulator HTX in settlement talks over illegal crypto ads

Britain's Financial Conduct Authority and HTX are in talks to settle the regulator's claim that the exchange illegally promoted...

Tesla needs marketing push for robotaxis, Optimus: Fund manager

Future Fund Managing Partner Gary Black argues Tesla needs a long-term marketing strategy, not just word-of-mouth and Elon Musk’s...

SEC Clears Franklin Templeton to Invest in Onchain Money Fund

The SEC issued a no-action letter allowing Franklin Templeton funds to invest in its own tokenized money market fund.The...