Saudi Arabia and UAE test cryptocurrency for cross-border payments

A government-developed cryptocurrency isn'' t unheard of– Venezuela controversially released “” Petro”” in 2018 in an initiative to navigate permissions. Currently, it'' s Saudi Arabia ' s as well as the UAE ' s resort to launch a cryptocurrency of their own: one they collectively d. Original source: https://www.engadget.com/2019/02/03/saudi-uae-cryptocurrency/

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