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Saudi Arabia Leads MENA in Crypto Growth for Second Year Running

Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and…

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Report: Saudi Arabia’s Central Bank Hires Virtual Assets and Digital Currency Program Lead

The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and digital currency project. The emergence of the United Arab Emirates…

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Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government

The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the…

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Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments

An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of…

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