At the Invest in UAE Forum, Hong Kong's Joseph Chan revealed exciting news of deepening financial cooperation between Hong Kong and Dubai. đđŒ
- A licensed insurtech company from Hong Kong has teamed up with the UAEâs oldest insurance firm to focus on digital asset custody insurance, now approved by the UAE Central Bank! đđ°
- On the cross-border payments front, the mBridge project is making waves! Collaborating with 5 central banks, including Hong Kong and the UAE, this initiative is exploring the power of wholesale CBDCs. The project, which completed its pilot in 2022, is now expanding with a new MVP stage! đđł
Big things are happening between these global financial hubs!