Hong Kong and UAE central banks collab on crypto rules, fintech development
The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
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The two central banks are aiming to align their financial service sectors and said both share “many complementary strengths.”
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened a bilateral meeting on May 29, intending to amplify cooperation in the financial services arena between the two regions. (Read More)
The UAE believes that its CBDC will help the country to become the leading global financial hub.
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