Crypto

E-payments account for 79% of Saudi retail transactions in 2024: SAMA

the financial - 19 April, 2025

RIYADH: Electronic payments made up 79 percent of all retail transactions in Saudi Arabia in 2024, up from 70 percent the previous year, according...

GCC banks poised to weather global trade turbulence: S&P report

the financial - 18 April, 2025

RIYADH: Despite rising global trade tensions and heightened market volatility, banks across the Gulf Cooperation Council are expected to remain resilient, according to a...

Saudi asset management industry hits $266bn, poised for further growth: Fitch Ratings

the financial - 18 April, 2025

RIYADH: Saudi Arabia’s asset management industry grew by 20 percent year on year in 2024, pushing the sector’s total assets to SR1 trillion ($266...

Crypto

Massive Crypto Adoption Ahead: Jesse Pollak of Coinbase Expects 8 Billion On-Chain

the financial - 3 August, 2023

As many as 8 billion people will become crypto and blockchain users over the next decade, according to Coinbase protocols lead Jesse Pollak. Speaking with Decrypt during the EthCC...

Crypto

Ripple Requests Crypto License in UK After SEC Partial Win

the financial - 3 August, 2023

Blockchain-based digital payment network Ripple has applied for a crypto license in the UK and Ireland after its partial win against the US Securities and Exchange Commission. Sendi Young, Ripple's managing director...

Crypto

Successful Launch: Arkham Intel Exchange Shows 11 Submissions, Including High-Profile BTC Wallet

the financial - 3 August, 2023

Since its launch on July 10, Arkham, the groundbreaking "blockchain intelligence company," has already received 11 submissions of valuable information from different addresses through the...

Crypto

Binance Token Faces Growing Pessimism in Crypto Derivatives Market

the financial - 20 July, 2023

Crypto traders are showing pessimism in the derivatives market for the embattled crypto exchange Binance’s native coin BNB amid the growing regulatory turmoil. The open...

Crypto

New AI Utility Coin yPredict Breaks $3 Million Fundraising Milestone

the financial - 20 July, 2023

yPredict, a prominent web3 AI platform, has reached an impressive milestone in its crypto token presale. To date, it has successfully generated over $3...

Crypto

Brazilian Central Bank Digital Currency Raises Alarm

the financial - 20 July, 2023

A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even...