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Hong Kong's securities regulator visited Abu Dhabi and Dubai last week to exchange views on virtual assets and explore cross-border collaboration opportunities.

Securities and Futures Commission's executive director of intermediaries Eric Yip Chee-hang and director of intermediaries & head of fintech unit, Elizabeth Wong Lok-yan, met with regulatory counterparts and the Web 3 industry in Abu Dhabi and Dubai of the United Arab Emirates, said the regulator in a statement released on Tuesday.

Yip held in-depth discussions with senior executives of the Securities and Commodities Authority of the United Arab Emirates, the Financial Services Regulatory Authority of the Abu Dhabi Global Market, the Dubai Financial Services Authority, and the Virtual Assets Regulatory Authority of Dubai.

Yip said that the SFC will continue to take the lead on virtual asset regulation, ensuring a well-regulated and safe market by fostering internati

SFC visits Middle East to exchange views on virtual assets