Saudi Arabia exploring blockchain and CBDC to lessen cash usage
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Saudi Arabia exploring blockchain and CBDC to lessen cash usage

Home » Business » Saudi Arabia exploring blockchain and CBDC to reduce cash usage The Kingdom of Saudi Arabia is exploring blockchain technology and a central bank digital currency (CBDC) as a means to digitize payments, a central bank official has revealed. The official, however, made it clear that the country has no intention of completely phasing…