Dubai and Hong Kong discuss virtual asset license passport plan

Dubai and Hong Kong discuss virtual asset license passport plan

According to Hong Kong Radio, Hadi Badri, Executive Director of Dubai's Department of Economy and Tourism, said that China has become the UAE's largest trading partner, and Hong Kong is also an important partner. He believes that the relationship between the two sides is close and welcomes mainland China and Hong Kong to actively strengthen their ties with the Middle East, planning to bring more Dubai businesses to Hong Kong to promote cooperation.

He said that Hong Kong and Dubai can cooperate to expand the family office network, and if they can achieve interconnection in the stock market, it can further promote the development of related fields. At present, Dubai is also discussing cooperation with Hong Kong in the field of virtual assets, including the license passport plan, but has not yet revealed the implementation timetable.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Policy and Regulation

Related News
South Korea imposes sanctions on North Korean crypto hackers, IT operatives South Korea imposes sanctions on North Korean crypto hackers, IT operatives
Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve Bitcoin drops below $100,000 after Fed Chair Powell’s comment against BTC reserve
Iran moves to regulate crypto instead of imposing limits: report Iran moves to regulate crypto instead of imposing limits: report
Donald Trump appoints David Sacks to lead AI and crypto at White House Donald Trump appoints David Sacks to lead AI and crypto at White House
South Korea’s short-lived military rule sparks record $34 billion in local crypto trade South Korea’s short-lived military rule sparks record $34 billion in local crypto trade
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open