ETHICOINEthicoin in Saudi Arabia.
ETHIC+ is a gold-indexed token on RichX Chain: one trillion tokens, fixed forever, no mint function and no transfer fee. One hundred billion ETHIC+ are set aside for Ghana's rivers.
Crypto assets are banned or heavily restricted in Saudi Arabia. This page is for information only: ETHIC+ is not offered to residents of Saudi Arabia.
Crypto rules in Saudi Arabia
- Licensing of crypto firmsProhibited
- Stablecoin rulesProhibited
- Travel Rule (sender and receiver data)Prohibited
Source: PwC Global Crypto Regulation Report 2027, status as of October 2026.
Crypto tax in Saudi Arabia
There are no specific tax rules for crypto; the general 20% corporate tax and 2.5% Zakat apply.
Source: PwC Annual Global Crypto Tax Report 2026, reviewed as of 1 October 2025. Summarised in our own words; not tax advice.
ETHIC+ at a glance
- NameEthicoin
- SymbolETHIC+
- NetworkRichX Chain · ID 20260903
- Total supply1,000,000,000,000
- Mint functionnone — does not exist
- Transfer feenone
- Contract0x7023Bb290be415b05491bBBaa45f4D15e4407E46
Saudi Arabia at a glance
- CapitalRiyadh
- RegionAsia
- CurrencyRial
Questions
Can I get Ethicoin in Saudi Arabia?
No. Crypto assets are banned or heavily restricted in Saudi Arabia, so ETHIC+ is not offered to its residents.
Is ETHIC+ backed by gold?
ETHIC+ is gold-indexed: it is priced by reference to gold. That does not mean it is redeemable for gold from the contract.
How is crypto taxed in Saudi Arabia?
There are no specific tax rules for crypto; the general 20% corporate tax and 2.5% Zakat apply.
Updated: 12 November 2026, 00:41 UTC