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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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VanEck CEO Questions Bitcoin’s Encryption, Privacy Amid 2026 Bear Market

Jan van Eck, CEO of VanEck, raised concerns about Bitcoin’s encryption and privacy during a CNBC interview.He highlighted questions...

XRP Gains 300% Since Nov 2024; Eyes Set on 2026 Highs

XRP has surged more than 300% since November 2024 despite recent market corrections.The resolution of the SEC lawsuit against...

Crypto Dispensers Eyes $100M Sale Amid CEO Money Laundering Charges

Crypto Dispensers is exploring a possible $100 million sale amid legal challenges.Its founder, Firas Isa, faces federal charges related...

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