SAMA accepts 14 new companies into sandbox

Saudi finance ministry warns against cryptocurrencies

The Saudi Arabian Monetary Authority (SAMA) has accepted 14 new companies, including Maalem Financing Company and Saudi Fintech Company (Alinma Pay), as a new batch to work in the sandbox regulatory environment for the innovative financial products market in the Kingdom, joining the list of seven previously approved companies to form a total of 21 companies specializing in fintech.

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