China's residents get red envelopes in the e-CNY app, while polls show that 59% of Germans have never even heard of the digital euro. Also this week, a cool use case for tokenization.

Saudi Arabia is among the countries where de-dollarization is one of the objectives set for the Central Bank Digital Currency (CBDC) projects.

NEOM's investment fund's $50 million commitment to blockchain and metaverse company Animoca Brands reinforces Saudi Arabia's plans to become a global gaming powerhouse.