Collaboration between UAE and Hong Kong for Cryptos

The Central Banks of UAE and Hong Kong have discussed a lot during the last months, aiming to cooperate around the topics of crypto regulation and the overall growth of the fintech ecosystem.

The efforts are not being made towards a common regulatory system, but towards a knowledge-based sharing for addressing new challenges in the sector.

The financial infrastructure and the connectivity with other financial markets are the main points where the discussions were focused and we should expect more news around it.

Both sides expect that cryptos are here to say for a long time in the financial market space and their inclusion in the regulatory framework is a logical move for every regulator.

The thing is how friendly it would be for crypto users….