Saudi Arabia Takes Affirmative Action for Crypto Adoption
The Kingdom of Saudi Arabia appointed its first cryptocurrency chief. Mohsen AlZahrani will lead the nation to its crypto goals. Saudi Arabia will likely be a major competitor to crypto wall street — Dubai. The Kingdom of Saudi Arabia has taken a huge step to making crypto adoption a more serious priority. In detail, Saudi Arabia’s central bank has just appointed a cryptocurrency chief. The nation’s goal is to advance its digital goals. In particular, Saudi Arabia appointed Mohsen AlZahrani to lead both its virtual assets as well as its central bank digital currency program. It is doing so to