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Fondina
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Why don't Arab sheikhs buy cryptocurrency?
The monarchs of Saudi Arabia are not interested in buying cryptocurrency, and the reason for this became known thanks to the director of Kingdom Holding Company (KHC) Talal Ibrahim Al-Maiman.
KHC, led by Saudi Prince Alwaleed bin Talal Al Saud, has invested $13.6 billion in various assets, but virtual currencies are not part of the company's investment portfolio. This is due to the fact that the organization's leaders are skeptical about digital assets.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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