Governor of Central Bank of Kuwait Basel Al Haroon in an  interview  with John Everington from the Banker, discussed the implementation of Blockchain EKYC solution as well as the ongoing research for CBDCs. According to the governor of Kuwait’s Central Bank, the bank is closely following the experiences of other countries that are issuing CBDCs, as well as the debates taking place among stakeholders in various countries regarding the various pros and cons.   He tells the Banker that they have formed a team of experts from various fields within the CBK to study the topic. According to Al Haroon, any such issuance would need to be accomplished in a way that preserves monetary and financial stability, while maintaining confidence in Kuwait’s payment system. In addition when it comes to blockchain, two local Kuwait banks have obtained the Central Bank’s approval to launch their blockchain based KYC verification and API interfaces. In June 2021, Akcess which utili...