Joint Crypto Move from Hong Kong and UAE - Coinleaks
Current Date:September 21, 2024

Joint Crypto Move from Hong Kong and UAE

hong Kongand United Arab Emirates ( UAE) central banks, crypto- regulationsand plans to act jointly on financial technology.

Hong Kong Monetary Authority (HKMA), United Arab Emirates Central Bank ( CBUAE ) and held a meeting on the topic of crypto and fintech. As a result of these talks, the two central banks have been involved in virtual asset regulation and development. together movement to dohe accepted.

Crypto Step from Hong Kong and UAE

the other day, hong Kongand United Arab Emirates ( UAE ) officials of central banks met. During the discussions, it was decided to strengthen the unity in crypto regulations.

Two central banks crypto-And virtual presence In addition to the regulations, he also discussed fintech and financial technology. United Arab Emirates Central Bank ( CBUAE) President Khaled Mohamed balama, Hong Kong Monetary Authority ( HKMAHe stated that the relations with the ) will be long-term.

HKMAmanager Eddie yue He said that this union will bring economic benefits to both regions. After the talks, the central banks hong KongAnd UAE He held a seminar for the banks in . In the seminar, cross-border transactions, financial cooperation between the two countries and ease of trade were discussed.

Moreover Hong Kongtreasury manager Christopher hui, in a different interview crypto- your coinsHe said it would be permanent.