Saudi Central Bank Says Cryptocurrency Industry is “Not Mature Enough” to Warrant Regulation

In an interview with CNBC on Monday, Abdulmalik Al-Sheikh, senior adviser at Saudi Arabia’s central bank, stated that the regulator does not believe the cryptocurrency has matured enough to warrant regulation at this point in time. Mr. Al-Sheikh also stated that the central bank will wait and observe before delivering a determination regarding its regulatory position…

Already a member? Log in here

Bitcoin.com

Bitcoin.com is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.