Saudi Arabia and the United Arab Emirates have announced an agreement to cooperate on the creation of a cryptocurrency, Emirate News Agency reported.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…150 Views | the publication reaches you by | Saudi Arabia Today
The Strategy of Resolve is comprised of seven initiatives, including civil aviation, financial awareness youth training, and the development of a cross-border digital currency.
The project will also research the effect of a central currency on financial policies, Yahoo reported.
The initiative reportedly seeks to protect customer interest, create standards for technology,
and consider the cybersecurity risks while determining the impact of central currencies on monetary policies.
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