The United Arab Emirates' Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) to combat virtual assets-related crime. The agreement aims to enhance coordination, information sharing, and risk mitigation frameworks between the ministry and the authority. It also supports the UAE's strategy to protect its financial system against evolving threats in the digital asset landscape. The CEO of FSRA emphasized the importance of collaboration to stay ahead of financial crime, and the regulator's goal to align with international best practices and raise awareness about financial crime risks. The agreement seeks to enhance the security and effectiveness of the UAE's financial system through knowledge sharing, joint training programs, and strengthened investigative capabilities.



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