Hong Kong and Dubai's financial cooperation has been upgraded again! Hong Kong's Deputy Secretary for Financial Services and the Treasury, Chan Ho-lim, revealed at the Invest in UAE Forum that a licensed insurance technology company in Hong Kong has reached a strategic cooperation with the oldest insurance company in the UAE, and digital asset custody insurance has been approved by the UAE Central Bank.

In addition, the various central bank digital currency (mBridge) projects in cooperation between the Hong Kong Monetary Authority and the UAE Central Bank have entered the MVP stage, and will expand public and private sector participation in the future. What do you think of this international cooperation? See you in the comments section! 🌐