Hong Kong SFC and UAE Capital Market Authority Sign MOU to Strengthen Cross-Border Digital Asset Cooperation and Forge a New Milestone

Odaily News: The Hong Kong Securities and Futures Commission (SFC) and the Capital Market Authority of the United Arab Emirates (UAE) today signed a Memorandum of Understanding (MOU) to enhance cross-border regulatory cooperation between the two sides on matters related to digital assets. This landmark MOU is the first agreement signed by the SFC with an overseas regulator concerning regulatory cooperation for regulated digital asset entities. The MOU establishes a framework for enhanced regulatory collaboration, including mutual consultation and information exchange regarding the supervision of cross-border regulated digital asset entities, fully demonstrating the SFC's commitment to promoting international cooperation in accordance with its ASPIRe roadmap. (Jin10)