Saudi Arabia Financial News

23.02 / 20:23

Arrest FBI National Moscow Authorities Detain British National Accused of Aiding North Korea in Crypto Sanction Evasion

A British citizen who is wanted by the FBI for allegedly assisting the North Korean government to evade U.S. sanctions via crypto is in the custody of Russian authorities.

21.02 / 13:33

regulation Department Of Justice sanctions Interpol Brit who consulted North Korea on crypto reportedly detained in Moscow

The local bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ) in Moscow. He’s being alleged of conspiring to violate U.S. sanctions on North Korea.

11.02 / 04:25

Web3 Gaming Metaverse Gaming play Build, Play, and Earn with RobotEra's Cutting-Edge Metaverse Project – How to Buy Early?

The term "metaverse" has been coined to depict a digital universe where users can work, socialize, and play. This concept is attracting the notice of influential tech firms, governments, and financial organizations. Analysts predict that the metaverse could be worth as much as $13 trillion by 2030 and transform how people interact and live their lives.

09.02 / 23:31

Metaverse RobotEra Taro Explore the Possibilities of the Metaverse and Take Your Gaming Experience to the Next Level – Best Presale in 2023?

The metaverse, a term coined by tech visionaries to describe a virtual reality where people can socialize, play, and work, is gaining significant attention and investment from top tech companies, governments, and financial institutions.

09.02 / 06:01

Sandbox Saudi Arabia's Partnership with The Sandbox Paves the Way for This New Metaverse Project – Here's Why

The Sandbox, a metaverse gaming platform, experienced a 30% surge at one point in its SAND token's price following the announcement of an MoU with the Saudi Arabia Digital Government Authority (DGA). SAND's price is currently up about 20% since February 6, as of writing, at $0.8477.

08.02 / 17:07

Adoption Web3 Metaverse Future Saudi Arabia partners with The Sandbox for future metaverse plans

Initiatives toward metaverse development continue to be a significant focus and key interest in the Middle East region, as the LEAP conference in Riyadh, Saudi Arabia, highlights key topics in the industry.

03.02 / 16:27

Provident Saudi Central Bank engages with fintechs and banks on CBDC

During this phase, the project will explore CBDC economic impact, market readiness, and potential robust and fast applications of a CBDC-based payment system.

26.01 / 03:37

Provident Saudi Central Bank engages with fintechs and banks on CBDC

During this phase, the project will explore CBDC economic impact, market readiness, and potential robust and fast applications of a CBDC-based payment system.

25.01 / 20:01

Binance SEC Legal USDC Today in Crypto: Digital Surge Saved from Bankruptcy Following FTX Collapse, Circle Blames US SEC for Failed Merger, Celsius Mulling Issuance of a New Token

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

25.01 / 07:47

Blockchain CBDC Adoption Saudi Central Bank still researching CBDC, but no decision on deployment

The Saudi Central Bank (SAMA) is ramping up its research into Central Bank Digital Currencies (CBDCs) but is yet to announce a deployment.

24.01 / 12:45

COST Target Digital Platform Apple HSBC Backed Aramco-backed fintech opens bank branch in London to help Muslims invest

An investing platform backed by the likes of oil giant Saudi Aramco and French soccer player Paul Pogba is launching a novel proposition in the U.K.: a physical branch and bank accounts backed by gold.

19.01 / 15:27

business Adoption World Economic Forum Davos Metaverse to bring 'true productivity' to industrial environments: Davos 2023

The metaverse continues to be a central talking point among leaders and decision-makers in global industries. For many, the vision of the future of the metaverse is not limited to a gamified version of reality.

18.01 / 19:47

COST Bitcoin Would a US Debt Default Derail Crypto Price Rally or Embolden It?

The rising interest rates in the US mean that the US government is now paying more in interest repayments on their debt than the entirety of their spending on their armed forces.

19.12 / 18:13

cryptocurrency World Cup Argentina Fan Token Price Prediction as ARG Token Falls 50% Almost Instantly – Here’s What Happened

In a reaction that perplexed many cryptocurrency traders, the price of the Argentina Football Association Fan Token (ARG) has been battered in wake of Argentina’s historic triumph in the FIFA World Cup final on Sunday. At one point, it had dropped over 50% in a matter of hours. Iconic Argentinian footballer Lionel Messi, widely regarded as one of, if not the best footballer of all time, led his side to victory in a thrilling final that was ultimately decided on penalties.

17.12 / 01:35

Blockchain Stablecoin Adoption Argentina’s province to issue US dollar-pegged stablecoin

The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the "Activo Digital San Luis de Ahorro", will be available to all citizens of the province over the age of 18 and 100% collateralized in liquid financial assets of the province.

16.12 / 04:13

COST Hedge fund talent picks Middle East over London and New York, headhunters say

Amid the rising cost of living and higher taxes, top hedge fund talent is moving away from financial centres like London and New York to the UAE, Saudi Arabia, Kuwait, and Bahrain, according to headhunters.

08.12 / 17:17

How to Bet on Argentina vs The Netherlands in FIFA World Cup Quarter-Finals

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

05.12 / 11:13

Saudi prince sets sights on Credit Suisse spinoff

Saudi Arabia’s crown prince and a US private-equity firm run by Barclays’ former chief executive are among investors preparing to invest $1bn or more into Credit Suisse’s new investment bank, people familiar with the matter said.

01.12 / 13:55

European Union 'We will fight. We are unbreakable': Mariupol survivor tells her story

When Kateryna Polishchuk began her studies to become an opera singer, she could have never imagined that one day she would be performing surgery without anaesthesia on a wounded soldier while hiding away in a bombed-out steel plant.

01.12 / 12:53

European Union Confiscation 'Make Russia pay': EU moves ahead with confiscation of frozen assets, despite legal pitfalls

The European Union is stepping up work to confiscate the Russian-owned assets that have been frozen under EU sanctions and use them to finance the costly reconstruction of Ukraine.

01.12 / 11:53

European Union NOT Denmark election: A month on, why has a new government still not been formed?

Voters in Denmark went to the polls a month ago, on 1 November.