Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources, stated that while the petroyuan – the use of the Chinese currency to settle oil shipments – was not “substantial to the ministry,” the country was open to new ideas, trying not to mix politics and commerce. This hints at the yuan’s adoption for this purpose. […]
Source: https://news.bitcoin.com/saudi-minister-hints-at-86-million-tonnes-of-petroyuan-adoption-states-country-is-open-to-new-ideas/
