Quote from: blockmanity on January 22, 2019, 05:12:22 AM

UAE and Saudi Arabia are all set to be the new crypto-hub in the middle east by launching their own Saudi-Emirati Pilot cryptocurrency. The Saudi-Emirati cryptocurrency is one of the seven initiatives that will be implemented by both countries. The use of the newly formed cryptocurrency is for Cross Border payments.

Saudi Arabia is one of the richest countries in the world, so the idea of creating your own cryptocurrency for banking operations is a great idea.
Now the market is at the stage of falling, but even in this case, the value of the UAE cryptocurrency is potentially very high..
Do you have any idea how the price can grow if at least part of the oil sold in the country is paid by the new cryptocurrency of the UAE?? I think it has a future and great potential!!