The Kingdom’s virtual assets programme will be overseen by Mohsen AlZahrani. Riyadh banned banks from conducting cryptocurrency transactions in 2018. In a sign of the Gulf nation’s prospective interest in cryptocurrencies, Saudi Arabia’s banking regulator recently named Mohsen AlZahrani to head its virtual assets and central bank digital currency initiative.
Twitter user @zerohedge provided documents indicating the sold out. According to Tesla CEO, Twitter is “important to the functioning of democracy”. Tesla CEO Elon Musk has pledged to battle for the “future of civilization” after making an outrageous $43 billion (£33 billion) offer to acquire Twitter. According to Tesla CEO
In all, the kingdom plans to spend about $6.4 billion. The NEOM Tech & Digital Company, named after the futuristic Saudi Arabian metropolis of the same name, received a $1 billion investment as part of this deal. According to the official Saudi Press Agency, the corporation intends to develop its
The leading oil explorer in Saudi Arabia recently claimed false and inappropriate gossip about the firm. The oil company, Saudi Aramco denies the rumors about the firm being involved in the minting of digital currency Bitcoin. The oil giant in Saudi reports the denial of the rising news that the
Bitcoin (BTC) is making headlines again, hitting a new all-time high of $93,434 for the 9th consecutive day of impressive gains. At the time of writing, Bitcoin priced at $89,880, marking a 20% surge in just one week. This latest rally follows a significant boost after the release of the
Before dropping to $90,256 on Wednesday, Bitcoin surged to a new all-time high over $91,000. Since Trump’s victory in last week’s US presidential election, the flagship cryptocurrency has soared, setting new records. In terms of market capitalization, Bitcoin is currently larger than Saudi Aramco, the oil giant. Trump promised throughout
Partnership to Combine AI and IoT Integration with Luxury Vehicle Design for Optimized Smart Mobility Solutions Dtec, a leading innovator in AI-powered smart assistance technology with DePIN and IoT architecture, is thrilled to announce its global partnership with DİZAYNVIP, a premier luxury vehicle design company. This strategic collaboration marks a
The first Bitcoin-linked Structured investment in the Gulf Cooperation Council (GCC) has been launched by the National Bank of Bahrain (NBB) in partnership with APR Digital. The flagship cryptocurrency will be available to approved investors via this fund. At the same time, this is fantastic news for Bitcoin’s acceptance in
Crypto investment strategies are constantly being redefined to capture the immense potential of digital assets. Among these emerging approaches, crypto investment funds stand out for their innovative tactics and high potential returns. These funds, designed to navigate the volatile crypto market, combine traditional financial acumen with cutting-edge blockchain technology. Leading
Despite a 54% decline in sales for the entire non-fungible token (NFT) market in May, digital collectibles on Bitcoin hit a new milestone. The overall sales volume of NFTs on the Bitcoin blockchain reached an all-time high of over $4 billion, according to NFT data tracker CryptoSlam, which was published
