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Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption
22.7.2022
In an interview with Cointelegraph, the hereditary prince nuanced his views on Bitcoin adoption in the middle east and shed light on Bitcoin in Serbia
Study: 14% of Saudis Are Crypto Investors, 76% Have Less Than One Year of Experience in Cryptocurrency Investment
14.7.2022
About 14% of Saudi residents are either current crypto investors or have traded crypto in the past six months, the latest Kucoin study has found. The study has also found that 76% of investors have less than one year of experience and thus may be in need of relevant crypto education. Crypto Winter...
Survey reveals high penetration and adoption of crypto in Saudi Arabia
13.7.2022
Saudi Arabia is a significant market for digital currencies with the country's favorable regulatory climate, large consumer base and increasing interest in cryptocurrencies, a new KuCoin survey says
Saudi Arabia Buys $1 Billion Stake In Publisher That Owns Many Of Your Favorite Games
9.6.2022
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Saudi Arabia Now Owns 5% Of Nintendo
18.5.2022
Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.Read more
Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government
23.4.2022
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 kingdom can only successfully build blockchain-based solutions if it hires people that...
Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
12.4.2022
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 the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...
One Of The Worst People In The World Now Owns Over 96% Of SNK
6.4.2022
Electronic Gaming Development Company (EGDC), a subsidiary of a foundation run by Saudi crown prince Mohammed bin Salman, now owns 96.18 percent of Japanese developer SNK following a massive investment.Read more
Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
15.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum Co-Founder Raises USD 450M & Bashes Solana, Another DeFi Hack + More News
Study: 77% of Saudis Aware of Cryptocurrencies, Only 18% Currently Buying and Selling
3.3.2022
More than three-quarters of Saudi Arabian residents are aware of cryptocurrencies, a new Yougov survey has found. However, the study also found that only 18% of those surveyed are presently buying and selling cryptocurrencies. Easy Accessibility of Virtual Coins According to the findings of...
Saudi Arabia Princess on NFTs: ‘They Are the Next Medium of Artistic Expression’
21.2.2022
Non-fungible tokens (NFTs) are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said. Decentralized Art According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that...
Saudi Arabia Medical Institution Implements Blockchain-Based ‘Digital Credentialing Solution’
9.2.2022
Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of blockchain technology after it implemented a “digital credentialing solution.” Saudi Arabia’s Blockchain Goal The Saudi Arabian medical...
Swiss BSV to establish blockchain academy in the Middle East
7.2.2022
The BSV association and SDA will collaborate through the new blockchain academy in Riyadh to provide blockchain learning and development resources
Saudi Princess Reem Al Faisal Launches ‘First’ Saudi NFT Collection
6.2.2022
Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT) collection on Opensea and an art gallery in the metaverse. Photography Career Saudi princess Reem Al Faisal has launched her first NFT collection, called...
Report: Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022
2.2.2022
Blockchain is among six emerging technologies that will be prioritized by the Kingdom of Saudi Arabia (KSA)’s IT decision makers in 2022 and beyond, according to a recent study. Effect of Covid-19 The government of Saudi Arabia’s IT decision makers have named blockchain as one of...
Saudi-Backed Company Buys ESL For $1 Billion
24.1.2022
It’s being reported by multiple outlets that ESL, one of the world’s oldest and biggest esports companies, has been bought for $1 billion by Savvy Gaming, an esports investment company that is backed by the Saudi Arabian Government’s wealthy and controversial Public Investment Fund.Read more
Crypto traders fight in WBS Dubai for Amir Khan’s charity boxing match
17.10.2021
The event saw friendly boxing matches between prominent Crypto Twitter entrepreneurs, with RookieXBT taking the WBC Crypto Champion belt
Saudi Aramco dismisses 'false and inaccurate' rumors on Bitcoin mining
2.8.2021
Saudi's biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses
Saudi Arabia Acquires $3.3 Billion Stake In EA, Take-Two, Activision Blizzard
18.2.2021
Saudi Arabia has utilized its Public Investment Fund to invest over $3.3 billion (that’s $3,300,000,000 for the more visual learners out there) in Electronic Arts, Take-Two Interactive, and Activision Blizzard, Al Jazeera reported (h/t Eurogamer).Read more
Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
27.1.2021
Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had...