Tag "Saudi Arabia"
After Banning Crypto Saudi Arabia Plans Central Bank Digital Currency
After banning the trading of cryptocurrencies, Saudi Arabia is now developing a blockchain-based digital currency in collaboration with the United Arab Emirates (UAE). The central banks of the two countries are planning to run a pilot of a shared digital
Read More
Saudi Arabia and Japans SoftBank Launch Worlds Largest Tech Fund
An investment group that includes Japan’s SoftBank and Saudi Arabia’s main sovereign wealth fund, has announced a major close with over US$93 billion of committed capital for the tech-focused SoftBank Vision Fund. SoftBank Vision Fund Announces First Major Close, via SoftBank Group
Read More