According to market news, Gulf oil producers such as Saudi Arabia, the United Arab Emirates or Qatar may be buying bitcoin at the sovereign level. The relevant sovereign funds may disclose the relevant news during the Bitcoin Summit in Abu Dhabi on December 9-10. At present, the total asset management size of Saudi PIF, UAE ADIA and Qatar QIA has exceeded 2 trillion US dollars. With the total market value of bitcoin has surpassed the world's largest oil company...
On October 6th, local time on October 6th, according to Israel Channel 12, Qatari officials responsible for negotiating with Hamas to mediate the exchange of detainees told the families of the detainees last week that Yahya Sinwar, the leader of the Palestinian Islamic Resistance Movement (Hamas), now only uses pen and paper to communicate and no longer calls them. Qatari officials also said that this was made after a series of assassinations led to the deaths of Hamas and Hezbollah leaders, whi...
On September 14, Qatar Financial Centre announced the launch of the Digital Asset Lab, a move that demonstrates Qatar's embrace of digital assets. Qatar Financial Centre is the region's leading onshore financial and business hub. The lab has a carefully selected team of 24 participants who will receive full support to develop, test and ultimately commercialize their innovative digital solutions and services. Participants include industry giants such as ALT Realtech, Bladelabs, Polygon and Partio...
In line with the strategy of the Central Bank of Qatar, the Qatar Financial Centre Authority (QFCA) and the Qatar Financial Centre Regulatory Authority (QFCRA) have announced a framework to lay the foundation for QFC's digital assets. These rules include the tokenization process and the legal recognition, custody, arrangement, transfer and exchange of property rights to tokens and underlying assets. In addition, the framework also provides for the legal recognition of smart contracts.
Joint statement by Qatar, the United States, and Egypt: Senior officials will meet by the end of next week in the hope of reaching an agreement under the terms set on Friday.
According to Henk Jan Hoogendoorn, Head of Financial Services at the Qatar Financial Centre (QFC), Qatar has established a solid framework for tokenizing a wide range of real-world assets, including securities, debt capital markets instruments, investments, Islamic bonds and other asset classes. The framework is expected to be completed and promulgated in the fourth quarter of this year. In addition, QFC recently established a Digital Asset Lab to encourage innovation and research in finance and...
Qatar's sovereign wealth fund has agreed to buy a 10 per cent stake in China Asset Management, the country's second-largest public fund company, according to Reuters. "According to people familiar with the matter, the Qatar Investment Authority has agreed to purchase shares in China Asset Management from Primavera Capital," Citic Securities said after agreeing to the transfer of 10 per cent of China Asset Management to third-largest shareholder Tianjin Haipeng (which is controlled by Tianjin Hai...
The Qatar Central Bank (QCB) has launched the first phase of the Central Bank Digital Currency (CBDC) project, focusing on the settlement of large payments between large banks. The project, which will run until October, focuses on distributed ledger technology, artificial intelligence, liquidity and securities trading. The QCB began studying CBDC technology in March 2022 and confirmed the launch of the project in June of the same year. QCB Governor Sheikh Bandar bin Mohamed bin Saoud al-Thani sa...
Market news: The Israeli government has approved the suspension of Al Jazeera's operations in Israel. (Al Jazeera went LIVE in 1996 and is headquartered in Doha and owned by Al Jazeera Media Group, which is funded by the Qatari royal family.)