Tag: GCC

GCC countries such as the United Arab Emirates (UAE) and Bahrain have jumped out of the blocks with progressive crypto regulations, attracting global talent, investments, and cutting-edge blockchain projects. Meanwhile, Saudi Arabia, the region’s economic heavyweight, seems to be hesitating, potentially losing ground in this digital sprint. This piece examines ...

Prominent Saudi economist Ihsan Buhulaiga has urged the Gulf Cooperation Council (GCC) countries to implement unified cryptocurrency regulations. According to a report by AGBI, Buhulaiga, a former member of Saudi Arabia’s Shura Council, warned that without coordinated policies, cryptocurrency traders might relocate their investments to countries with more favourable regulations, ...