Foresight News reports that the Central Bank of the United Arab Emirates (UAE) and the Hong Kong Monetary Authority (HKMA) held their third meeting on February 11th local time in Abu Dhabi. The meeting was jointly hosted by H.E. Khaled Mohamed Balama, Governor of the UAE Central Bank, and Hong Kong Monetary Authority Chief Executive Yu Weiwen. This meeting is part of the ongoing efforts by both parties to strengthen cooperation and connectivity in the financial services sector between the two regions, reflecting the depth of their institutional collaboration and shared regulatory vision.
Building on the progress made during the second meeting held in Hong Kong in December 2024, the UAE Central Bank and HKMA engaged in in-depth discussions on several key areas. These include cross-border debt capital market connectivity; digital assets, tokenization, and central bank digital currency development; evolving trends in stablecoin regulation; and supply chain financing. Following the memorandum of understanding signed during the second meeting, which established connectivity between debt capital markets and related financial market infrastructure, the UAE Central Bank has joined the Central Clearing System for debt instruments (Hong Kong’s core securities custody platform).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Brazil Pauses Crypto Tax Talks Ahead of October Vote
Brazil has postponed its crypto tax consultation to 2027 due to election pressures, despite implementing a 17.5% capital gains tax and classifying stablecoins as foreign exchange. Crypto adoption remains robust, with significant inflows and growth.
CryptoFrontNews2h ago
Federal Reserve Governor Miran: If secondary inflation effects and wage increases occur, rate hikes may be needed, but there is currently no necessity for rate hikes
Gate News reported that on March 23rd, Federal Reserve Governor Barr stated that rate hikes may be necessary if second-round inflation effects and wage increases occur. However, he also pointed out that he does not currently believe it is necessary to consider rate hikes.
GateNews7h ago
CoinShares: Digital asset investment products saw inflows of $230 million last week, with Bitcoin inflows of $219 million
CoinShares' latest weekly report shows that digital asset investment products saw a net inflow of $230 million last week, but due to the Federal Reserve's hawkish stance, approximately $405 million flowed out following the FOMC. The United States saw inflows of $153 million, Germany $30.2 million, and Switzerland $27.5 million, with Bitcoin dominating inflows. Solana has seen consecutive net inflows for 7 weeks, but Ethereum saw outflows of $27.5 million last week.
GateNews7h ago
CFTC Sets 20% Capital Charge for Bitcoin and Ethereum Collateral
The Commodity Futures Trading Commission (CFTC) has taken a clear step toward integrating cryptocurrencies into traditional finance. In its latest guidance, the regulator allows Bitcoin and Ethereum to be used as collateral in derivatives trading while applying a 20% capital charge to manage
Coinfomania8h ago
Gold Price Plummets 25%! Peter Schiff Points Finger at Fed Missteps, Fate of Safe-Haven Assets Draws Attention
On March 23rd, gold prices plummeted approximately 25%, falling below $4,200 per ounce, with over $10 trillion wiped from market value. Despite tensions between the US and Iran and rising inflation, the market engaged in heated discussions about the reasons for the gold price decline. Analysts pointed out that this selloff may be related to high interest rates and shifts in market sentiment, with future focus on macroeconomic data and the Federal Reserve's policy direction.
GateNews10h ago
Fidelity Urges SEC to Fast-Track Crypto Market Integration
Fidelity says U.S. market infrastructure can support crypto trading under existing laws without building new systems.
Firm backs SEC Crypto Task Force efforts, stressing collaboration to address technical and regulatory challenges.
Integration into regulated systems could expand access
CryptoFrontNews11h ago
