Latest News and Articles about Economic Diversification

Saudi Central Bank Buys Into Bitcoin via Strategy, Diversifying Reserves Beyond Oil

19 May 2025 Daily Feed Bitcoin, Economic Diversification, Saudi Central Bank

Saudi Central Bank Stakes Big on Bitcoin via Strategy: A Bold Move in Global Finance The Saudi Central Bank has decisively entered the Bitcoin market by acquiring a significant stake in Strategy, formerly MicroStrategy, a company renowned for its aggressive Bitcoin investment strategy. This move not only diversifies Saudi Arabia’s financial reserves but also positions […]

Maldives and Shanghai Launch Ambitious $8.8B Blockchain Hubs for Economic Growth

13 May 2025 Daily Feed Blockchain Hub, Economic Diversification, Maldives, Shanghai

Maldives and Shanghai Embrace Blockchain to Drive Economic Growth The Maldives and Shanghai are taking significant steps into the blockchain and Web3 sectors to diversify their economies and foster innovation. The Maldives has signed a deal with MBS Global Investments to build an $8.8 billion blockchain hub in Malé, while Shanghai has launched a blockchain […]