The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Hong Kong Monetary Authority, Central Bank of UAE strengthen fintech collaboration

Contributed by NAMPA / Xinhua.

HONG KONG, Feb. 23 (Xinhua) -- The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) jointly announced the exchange of a Memorandum of Understanding (MoU) Tuesday, with a view to strengthening cooperation between the two authorities in promoting innovative financial services and regulatory development.
Under the MoU, the two authorities have agreed that the CBUAE will join the multiple central bank digital currency bridge (m-CBDC Bridge) project collaborativ ...