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The Ministry of Interior of the United Arab Emirates and FSRA collaborate to combat virtual asset-related crimes
Golden Finance reported that the Ministry of Interior of the United Arab Emirates (UAE) and the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding to enhance coordination in combating crimes related to virtual assets. The protocol requires both parties to share information and strengthen the risk mitigation framework. According to reports, the protocol is also aimed at supporting the UAE’s strategy to protect its financial system from the evolving threats in the digital asset field.