In an interview with CNBC on Monday, Abdulmalik Al-Sheikh, senior adviser at Saudi Arabia’s central bank, stated that the regulator does not believe the cryptocurrency has matured enough to warrant regulation at this point in time. Mr. Al-Sheikh also stated that the central bank will wait and observe before delivering a determination regarding its regulatory position on initial coin offerings (ICOs)…
Read Full: Saudi Central Bank Says Cryptocurrency Industry is “Not Mature Enough” to Warrant Regulation
