WhiteBIT Partners with Saudi Royal Holding to Build Kingdom’s Blockchain Infrastructure Under Vision 2030

Saudi Arabia has partnered with major European crypto exchange WhiteBIT to build national blockchain infrastructure, including stock market tokenization, CBDC framework development, and national data computing centers. The strategic cooperation, backed by Royal Holding, aligns with Vision 2030 and strengthens Saudi Arabia’s emergence as a regional blockchain and digital finance leader amid rapid industry growth and increasing global competition.

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Global Crypto Exchanges Support Saudi Arabia’s Plans to Launch Regulated Stablecoins

Saudi Arabia’s plan to introduce regulated stablecoins is earning strong support from major global exchanges including Bybit and BingX, who see it as a milestone for the region’s digital finance landscape. Backed by the CMA and SAMA, the initiative aims to enhance financial inclusion, speed up cross-border payments, and unlock innovation across fintech, real estate, and retail. As the Kingdom’s fintech sector rapidly expands, stablecoins are poised to become a key pillar of its digital transformation strategy.

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