ChainCatcher message, according to Bitcoin.com, the Ministry of Interior of the United Arab Emirates (UAE) has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to enhance coordination in the fight against crimes related to virtual assets.

The agreement requires both parties to share information and strengthen the risk mitigation framework. It is reported that the agreement also aims to support the UAE's strategy to protect its financial system from the evolving threats in the digital asset space.