Rejects

Saudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash: Report

Saudi Central Bank Mulls Blockchain for Finance, Rejects Phasing Out Cash: Report

Saudi Arabia’s central bank is experimenting with emerging technologies like blockchain for the finance sector, but doesn’t intend to phase out cash in favor of digital payments, according to an interview with local newspaper Al Eqtisadiah. Central bank digital currencies (CBDCs) are one of the most important financial technologies under development, but the kingdom does …

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Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea

Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea

Virgil Griffith’s motion to dismiss the charges against him claiming that he violated U.S. sanctions law in North Korea was denied late Friday by a judge in the Southern District of New York (SDNY). U.S. Judge Kevin Castel denied the motion, leaving it up to a jury to decide whether Griffith is guilty of helping …

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