The Central Bank of Kuwait focuses on FinTech

The Central Bank of Kuwait is advancing financial technology through four key initiatives: the Kuwait National Payment System, digital currency infrastructure, a regulatory sandbox for innovation, and e-payment systems for government services.

Great to see the country of Kuwait – more specifically their Central Bank – focusing on the growing importance of FinTech, including the all important ‘regulatory sandbox’ (item number 4′ in this story from FinTech Middle East):

The Central Bank of Kuwait’s initiatives include the Kuwait National Payment System (KNPS), digital currency infrastructure, a regulatory sandbox and e-payments for government functions.

Source: 4 Upcoming Fintech Initatives By The Central Bank of Kuwait – Fintechnews Middle East