Saudiโ€™s Chainlink Bet, Nvidia Ban, and South Koreaโ€™s New Stablecoin

Attachment Details Crypto_Recap_Thumbnail_V2_13th_Sep_to_19th_Sep

Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:

Saudi Awwal Bank Hugs Chainlink Tight to Revolutionize Banking.

Saudi Awwal Bank is teaming up with Chainlink to explore tokenized real-world assets, aiming to modernize financial systems with blockchain.

China Bans Nvidia’s AI Chips, What’s the Impact For Crypto?

China has blocked Nvidia’s AI chips, raising questions about access to high-performance hardware for crypto mining and Web3 development.

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BDACS Launches South Korea’s First Won-Backed Stablecoin.

BDACS has released KRW1, a stablecoin backed 1:1 by the South Korean won and held in Woori Bank, bringing stable crypto to Asia’s top tech hub.

UNDP To Launch A Government Blockchain Academy In 2026.

The UN Development Programme plans to open a global academy to train governments on using blockchain for public-sector innovation.

Coinbase Joins Major Initiative to Simplify Blockchain Transactions.

Coinbase is backing a global effort to make blockchain addresses and payments as easy as email, reducing errors and boosting adoption.

This week shows how both governments and major banks are taking blockchain seriously, from Saudi Arabia’s Chainlink adoption to the UN’s future academy. But tech tensions like China’s Nvidia ban remind us the path forward isn’t always smooth.

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The Story Sculptor
With a BA in Journalism and over 11 years of experience in Arabic and English media, I bring a newsroom mindset to the fast-paced world of crypto content. From breaking news to in-depth features, Iโ€™ve worked across leading platforms. Today, as a content writer in the Web3 space, I aim to make complex topics like blockchain, crypto, and digital innovation accessible to a wider audience, without compromising clarity or credibility.

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