The countries have announced a collaboration agreement to support promising fintech businesses and to share information about regulatory changes and economic developments.
The countries have announced a new partnership that is expected to promote further development of the fintech ecosystem in Japan and Singapore.
Japanese banking group is planning to grow its financial technology business through new acquisitions. Meantime, regulatory authorities in Abu Dhabi are working on establishing fintech ecosystem in the UAE.
Virtual currencies become recognized as asset-like values while all cryptocurrency exchanges need obligatory registration with the Financial Services Agency.