A magnifying glass hovers over a map of Central Asia.

Cryptocurrency, International, Markets, News, Technology

Cashing In: Saudi Arabia and UAE Propose Joint Digital Currency

December 20, 2018

The United Arab Emirates (UAE) and Saudi Arabia have joined forces to create a cryptocurrency for cross-border transactions, according to Dubai-based GulfNews. Emirates Investment Authority announced the news on December 12th at the Arab #FinTech Symposium in Abu Dhabi.

A mosque in Medina, Saudi Arabia, catches the sunset.

Business, International, News, Regulation

Is Halal Currency the Next Big Thing? Here’s Why 1.6 Billion Muslims Care

November 20, 2018

Venky Pai

Crypto firm X8Currency recently received Shari’a certification from Islamic scholars ahead of expansion into the Middle East. The Swiss-based company calls itself “the ultimate safe haven for crypto investors,” and its X8X utility token was well-received in Europe. Now, X8Currency…