The Hong Kong Securities and Futures Commission signs a memorandum of understanding with the UAE to strengthen cooperation on digital assets

According to Jin Ten, the Hong Kong Securities and Futures Commission signed a memorandum of understanding with the United Arab Emirates Securities and Commodities Authority on January 27 to enhance cross-border regulatory cooperation on matters related to digital assets.

This is the first regulatory cooperation agreement signed by the Hong Kong Securities and Futures Commission with overseas regulatory bodies regarding regulated digital asset entities, establishing a framework for enhanced regulatory cooperation, including mutual consultation and information exchange.