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UAE and Saudi Arabia trial cross-border payments on blockchain

News | Payments General | 14 Dec 2018

The UAE and Saudi Arabia have launched a proof of concept (PoC) for experimenting with blockchain to help cross-border payments between the two countries.

banking, blockchain, digital, innovation, partnerships, payments , cross-border, regulation, CBUAE, Central Bank of the UAE, SAMA, Saudi Arabian Monetary Authority, fintech, Middle East