Saudi Arabian Monetary Authority

Nabawi Mosque, Madina, Saudi Arabia
Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say
A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
Nabawi Mosque, Madina, Saudi Arabia

Federal Reserve Chairman Jerome Powell
Major Meeting of Central Banks Produces Same Old 'Evaluating' CBDCs Refrain
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Federal Reserve – do not expect to see their nations launch one soon.
Federal Reserve Chairman Jerome Powell

Riyadh, Saudi Arabia
Saudi Monetary Authority Pumped Some of $13B Bank Infusion Using Blockchain
The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech.
Riyadh, Saudi Arabia