The Saudi Arabian Monetary Authority (SAMA), the country’s central bank, has today announced that it recently injected part of liquidity in local banks via blockchain technology.
SAMA did not provide the amount of liquidity injection via blockchain, but last week the central bank decided to inject a total of 50 billion Saudi riyals (~$13.35 billion) to enable banks to support the private sector.
Continue read: https://www.theblockcrypto.com/linked/67639/saudi-arabias-central-bank-injects-liquidity-in-local-banks-via-blockchain
