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February 4, 2019 01:06 am -05

Saudi Arabia and UAE test cryptocurrency for cross-border payments

A government-developed cryptocurrency isn't unheard of -- Venezuela controversially launched "Petro" in 2018 in an effort to get around sanctions. Now, it's Saudi Arabia's and the UAE's turn to launch a cryptocurrency of their own: one they jointly d...

Original Link: https://www.engadget.com/2019/02/03/saudi-uae-cryptocurrency/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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