Saudi Arabian Monetary Authority SAMA
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KSA SAMA Governor believes CBDCs are promising and worth further exploration
During the live IMF (International Monetary Fund) Seminar hosted by Kristalina Georgieva, Managing Director of IMF on the topic of Cross-Border Payments—A Vision for the Future, Dr. Ahmed Abdulkarim Alkholifey, Governor of the Saudi ArabianRead More »-
Central Bank of UAE launches “Aber” project, the common digital currency between KSA and UAE
The Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project ” Aber” is for use in financial settlements beRead More » -
KSA final stages of stable cryptocurrency project out in mid-2019
The KSA Ministry of ICT and telecom is implementing a Blockchain strategy to help grow GDPRead More » -
SAMA bans cryptocurrency trading in KSA
The standing committee for awareness on dealing in unauthorized securities activities in the foreign exchange market warns: “The unauthorized virtual currencies are illegal inside the Kingdom of Saudi Arabia”.The standing committee warns against tradinRead More »
