SAMA Expands the scope of digital currencies Post Pilot

SAMA Expands the scope of digital currencies Post Pilot

The financial regulator of Saudi Arabia, the Saudi Arabian Monetary Agency (SAMA) after successfully conducted the pilot project on digital currencies last year, for understanding its technical aspects, now it has announced its interest to expand the scope of digital currencies to several banks and other countries. At “Diwaniyat al-Maarifah” conference, Al-Hogail said, “ We expect that in the expansion of this application and adoption of blockchain technology in many countries.”

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