Hong Kong Central Bank Collaborates with Saudi Arabia on Crypto After UAE’s Push
Hong Kong’s Monetary Authority (HKMA) and Saudi Arabia’s Central Bank (SAMA) have signed a Memorandum of Understanding (MoU) to enhance financial collaboration.
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Hong Kong’s Monetary Authority (HKMA) has partnered with Saudi Arabia’s Central Bank (SAMA) through a Memorandum of Understanding (MoU) to enhance financial cooperation. This comes after a previous collaboration between HKMA and the UAE central bank on May 30, focusing on improving financial services and regulations related to virtual assets.
In a meeting held in Riyadh, the central banks of Saudi Arabia and Hong Kong discussed working together on various important aspects, such as developing financial infrastructure, open market operations, market connectivity, and sustainable development. Read More...