The UAE Ministry of Interior collaborates with FSRA to combat crimes related to virtual assets

ChainCatcher news, according to Bitcoin.com, the Ministry of Interior of the United Arab Emirates (UAE) has signed a memorandum of understanding with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to enhance coordination in combating crimes related to virtual assets.

The agreement requires both parties to share information and strengthen risk mitigation frameworks. Reportedly, the agreement also aims to support the UAE's strategy to protect its financial system from the evolving threats in the digital asset space.