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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BSNL and Viasat to upgrade Indian Navy’s satellite comms infrastructure

BSNL and Viasat are modernising the Indian Navy’s satellite communications by integrating Ka-band systems with existing L-band infrastructure. The move introduces a multi-band, multi-constellation architecture, improving coverage, throughput, and resilience for mission-critical naval operations using BSNL’s ground facilities and Viasat’s global satellite network.

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