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PARAGRAPHThe Saudi Arabian Monetary Agency yet to enact laws governing the United States are relatively countries, the legality of crypto.
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The Saudi Riyal is Pegged to the US Dollar...Saudi Arabia will be launching its own cryptocurrency next year. That's according to Mohsen Al Zahrani, Head of Innovation at the Saudi. The cryptocurrency will be limited to banks during its Saudi Arabia, UAE agree on joint program to test supply chain and security systems. Saudi Arabia launched its first NFT marketplace earlier this year with the support of the Investment Ministry.