Animoca Brands 🤝 NEOM Investment ⚡️On October 30th, NEOM Investment Fund of  and Web3 games producer Animoca Brands announced a new agreement to propel  growth within the area.To Know More👇https://thenewscrypto.com/animoca-brands-collaborates-with-saudis-neom/

Back in 2008, I left #SaudiArabia with $20,000 cash in my pocket, just one day
before Christmas
Two years later, in 2010, my dad mentioned Bitcoin to me. If I had listened and bought Bitcoin for $1 each, I could've had 20,000 Bitcoins, which would be worth $1,380,000,000 today!

But here's the kicker: in 2008, I wasn't exactly Mr. Responsibility. Imagine the chaos if I had all that money with my bad habits!

So, why am I sharing this? Simple.
Good habits are worth more than money. Money plus bad habits equals disaster. Money plus good habits equals a great life. And good habits without money? Well, that's just a happy, normal life.

I didn't buy Bitcoin at $1 because I thought it was a scam
We all make mistakes and learn from them. So, be grateful, stay humble, and trust that things will work out in the end.
$NFP $FET $NEAR
#Write2Earn‬ #TradeNTell

🇸🇦Saudi Arabia’s Central Bank hires crypto chief

The appointment comes at a time when Saudi citizens are embracing cryptocurrencies, just like their counterparts in the region.

Saudi Arabia’s banking regulator recently appointed Mohsen Al Zahrani to head its virtual assets and central bank digital currency initiative.

Follow us for daily crypto updates and giveaways🎁

$BTC $ETH $BNB
#Bitcoin #SaudiArabia #TrendigTopic #Write2Eearn #Trending

🚨 Saudi Arabia's Oil Strategy: Market Shakeup or Crisis Ahead? 🚨

Major shifts are unfolding in the global oil market as Saudi Arabia takes bold steps to disrupt the status quo! With OPEC under pressure to cut production, the kingdom is gearing up for a power play—ramping up output if demands aren’t met. This move could send oil prices crashing to $50 per barrel, potentially sparking a renewed oil price war and rattling global markets. 🌍💥

🔑 Key Players:

Saudi Arabia: Targeting 1 million barrels/day by 2025 to assert dominance.

Russia: Facing a squeeze as oil revenues dwindle under sanctions and increased competition. Will Moscow survive the storm?

💡 Investor Outlook:

Lower prices = potential entry points! 🤑

Short trades and hedging strategies may thrive if the market stays oversupplied.

As Saudi Arabia and Russia face off, volatility = opportunity. Are you ready to capitalize on the chaos? 🚀💸

#OilWars #SaudiArabia #Russia #CryptoInvestors #Write2Earn!

Qatar Introduces Regulatory Framework For Digital Assets !!

Regulators of the Qatar Financial Centre (QFC), a special economic zone in Doha, Qatar, have reportedly released a comprehensive regime for regulating and creating digital assets.

Specifically, the framework introduced by the Qatar Financial Centre Authority (QFCA) and Qatar Financial Centre Regulatory Authority (QFCRA) includes rules governing tokenisation processes and the legal recognition of property rights in tokens and underlying assets, custody arrangements, transfer and exchange.

It even includes provisions for the legal recognition of smart contracts. The announcement claims the framework ensures the digital asset ecosystem within the QFC is secure and transparent and adheres to international standards.

#qatar #UAE #SaudiArabia #BinanceBlockchainWeek

🌍💱 BREAKING: SAUDI ARABIA ENDS 80-YEAR PETRODOLLAR DEAL WITH U.S.🌍

📢 In Short:

- Saudi Arabia ends 80-year petrodollar deal with the US
- Deal allowed Saudi oil sales in US dollars only
- Saudi can now use other currencies like RMB, Euros, etc

💡 Saudi Arabia has decided not to renew its 80-year petrodollar deal with the United States, which expired on Sunday, June 9, according to media reports. This historic agreement, initially signed on June 8, 1974, played a crucial role in establishing US global economic dominance.

🔍 Background:
The original deal set up joint commissions for economic cooperation and addressed Saudi Arabia's military needs. American officials hoped it would incentivize Saudi Arabia to increase oil production and strengthen economic ties with Arab countries.

🔄 Shift in Policy:
By choosing not to extend this contract, Saudi Arabia is now free to sell oil and other goods using various currencies such as the Chinese RMB, Euros, Yen, and Yuan, instead of only US dollars. There is also speculation about the potential use of digital currencies like Bitcoin for transactions.

🌐 Broader Implications:
This decision signifies a significant departure from the petrodollar system, which was established in 1972 when the US decoupled its currency from gold.

🔗 Project mBridge:
Saudi Arabia has also joined Project #mBridge , a collaborative initiative exploring a digital currency platform shared among central banks and commercial banks. This project aims to facilitate instant cross-border payments and foreign-exchange transactions using distributed ledger technology.

💭 Conclusion:
Saudi Arabia’s decision to end the petrodollar agreement marks the beginning of a significant shift in global economic dynamics. This move could reshape the landscape of global economic influence.

👇 What are your thoughts on Saudi Arabia ditching the Dollar?

How awesome would it be if Saudi would accept #bitcoin ?

Your,
@Professor Mende - Bonuz Ecosystem Founder

#SaudiArabia #Petrodollar #usdollar
$ETH $SOL

$RSR
now
next target
#RSRUSDT
buy long
in spot
#TelegramCEO #USTD #makesmoney
#SaudiArabia

Peace be upon you, my Muslim brothers and sisters, I am confident that this message finds you in good health. I am reaching out to you because I am facing the worst financial challenges. It is difficult to face problems when there is no one to support you. I do not have family with whom I can share my problem so that they can wipe away my tears, hug me, and help me. I can't sleep at night because of anxiety. I am afraid of the next day because the next day means a day full of problems for me like threatening phone calls from money lenders. I'm tired of giving them attention. All of Job's money goes to interest. Sometimes I go through days without eating due to lack of money. I don't know what my life will be like. So, if you are able to help or offer any advice, I would greatly appreciate it.
#SaudiArabia #UAE #BTC #qatar

KSA. #SaudiArabia

"Reflecting on missed opportunities back in '08 when I left #SaudiArabia with $20,000 cash just before Christmas. If only I had listened to my dad in 2010 about Bitcoin at $1, I could've had 20,000 Bitcoins now valued at $1.38 billion! But let's face it, with my old habits, chaos would've ensued. Lesson learned: good habits are priceless. Money + bad habits = disaster. Money + good habits = a fulfilling life. And good habits without money? Just pure happiness. Missed out on Bitcoin at $1 due to skepticism, but it's all about learning and growing. Gratitude, humility, and trust in the journey. Let's navigate the markets together with $NFP $FET $NEAR . #Write2Earn‬ #TradeNTell" #TrendingTopic

News Alert !!!
$IO
Saudi Arabia has announced plans to accept digital currencies for oil sales, but has not specified which ones. However, based on current trends and market capitalization, the following digital currencies could potentially be used for buying oil from Saudi Arabia:
1. Bitcoin (BTC) $BTC
2. Ethereum (ETH) $ETH
3. Petro (PTR)
- Venezuela's oil-backed cryptocurrency, which could potentially be used as a model for Saudi Arabia.
4. Tether (USDT)
- a stablecoin pegged to the US dollar, which could reduce volatility risks.
5. Saudi Arabian Digital Currency (SADC) - a hypothetical national digital currency, which could be introduced by Saudi Arabia in the future.

Please note that this is speculative, and the actual digital currencies accepted by Saudi Arabia for oil sales may differ.

#SaudiArabia #CryptoNewss #June

Alwaleed bin Talal Al buys 1M Bitcoin in 2024, Bitcoin Stock and bitcoin price in 2024 : Bitcoin News

#BTC #SaudiArabia #cryptocrurrency #MiddleEast #BitcoinPrice2024 #etf

South Korean regulators are increasing pressure on local cryptocurrency exchanges to eliminate suspicious trading, as part of efforts to provide better protection for investors through a new digital assets law that will come into effect at the end of this month.

The Financial Supervision Authority said it is preparing a system to monitor unusual cryptocurrency trading activities, and has instructed exchanges to enter data and information into the system, to ensure compliance with the legislation that will become effective on July 19.
#SaudiArabia #SOFR_Spike #arab #BinanceTurns7 #SOFR_Spike $BTC $BNB $USDC

News Alert !!!
$IO
Saudi Arabia has announced plans to accept digital currencies for oil sales, but has not specified which ones. However, based on current trends and market capitalization, the following digital currencies could potentially be used for buying oil from Saudi Arabia:
1. Bitcoin (BTC) $BTC
2. Ethereum (ETH) $ETH
3. Petro (PTR)
- Venezuela's oil-backed cryptocurrency, which could potentially be used as a model for Saudi Arabia.
4. Tether (USDT)
- a stablecoin pegged to the US dollar, which could reduce volatility risks.
5. Saudi Arabian Digital Currency (SADC) - a hypothetical national digital currency, which could be introduced by Saudi Arabia in the future.
$IO
#TopCoinsJune2024
#SaudiArabia
#OilMarket

A Saudi-Japanese partnership in digital asset projects
Japanese financial services company SBI Holdings announced last Thursday that it had signed a memorandum of understanding with the giant Saudi oil company, Aramco, related to the possibility of joint cooperation between them in digital asset investments. The memorandum states that SBI’s agreement with the state oil company will include “cooperation in the field of digital assets and making joint investments using the investment portfolios of digital assets of both parties.”
It is mentioned here that the total value of SBI's assets amounted to $165 billion this year, and that Saudi Aramco (TADAWUL:2222) is the second largest company in the world in terms of revenues after Walmart.
It appears that the two parties will agree to identify a number of emerging Japanese crypto companies and encourage their growth and entry into the Saudi market, in addition to establishing several factories in both countries for “investment in the field of semiconductor” projects. The SBI memo also noted that “the scope of this partnership could be expanded following the agreement between the company and Aramco.”
Last October, SBI announced a separate collaboration with the Japanese government to invest 800 billion yen ($5.3 billion) to help Taiwan's Powerchip Semiconductor Manufacturing Corporation build a semiconductor factory in northeastern Japan.
#SaudiArabia

JUST IN: 🇰🇪 Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.

#USD #SaudiArabia

Is Bitcoin legal in KSA?

are you from Saudi arabia?Let's drop your comment and location 🇸🇦

Bitcoin is legal in Saudi Arabia and there are no restrictions on individuals purchasing or spending Bitcoin. Banks, on the other hand, are banned from dealing with the cryptocurrency. The Saudi Arabian Monetary Authority has warned against Bitcoin as it is not monitored or supported by any regulatory body.

there is a bitcoin ATM in jedda saudi arabia.

#SaudiArabia #SaudiInvestor
$BTC $BNB