World & BusinessSaudi Arabia reportedly withdraws from China-led digital currency program
The Spectator Index, citing the Financial Times, describe the program as part of China's push to develop an alternative to dollar-based cross-border payments.
TLDR
Saudi Arabia has withdrawn from a China-led digital currency program, The Spectator Index says, citing a Financial Times report. The program is described as part of China's efforts to develop a cross-border payments alternative to the dollar.
BREAKING: Saudi Arabia withdraws from China-led digital currency program that is 'part of China’s efforts to develop an alternative cross-border payments system to the dollar', according to Financial Times report.
Saudi Arabia reportedly withdraws from China-led digital currency program
The Spectator Index, citing the Financial Times, describe the program as part of China's push to develop an alternative to dollar-based cross-border payments.
