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MIDDLE EAST · JURISDICTION PROFILE
Saudi Arabia
Restricted
Travel Rule: None
Overview
Saudi Arabia has not introduced a dedicated crypto-asset licensing regime, and authorities have warned the public against speculative trading. The central bank (SAMA) is exploring a wholesale CBDC and tokenisation, and a framework may follow.
Regulatory framework
No specific VASP framework; general financial-services and AML law applies. CBDC and tokenisation work is at the pilot stage.
Licensing & authorisation
There is no crypto-specific licence; unauthorised financial services are prohibited.
AML & Travel Rule
General AML/CFT law applies; there is no VASP-specific Travel Rule regime.
Track developments
This jurisdiction isn't yet on the live wire (its regulator doesn't publish a machine-readable feed) — follow the regulator directly.
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