• China and UAE pledged to fortify the battle against crypto-related cybercrime.
• In a joint statement, they highlighted telecom fraud and online gambling as areas of mutual concern.
• In addition to security concerns, the statement stressed supporting bilateral trade and investment partnerships.

China and the United Arab Emirates (UAE) have united their forces, pledging to fortify their cooperation in the relentless battle against cybercrime linked to cryptocurrency. This came via an official joint statement released following UAE President Mohammed bin Zayed Al Nahyan’s state visit to China. His Highness Sheikh Mohammed bin Zayed Al Nahyan’s state visit to China.

Specifically, the joint statement highlights ‘telecommunications network fraud and online gambling’ as areas of mutual concern. This shared focus suggests a promising future where both nations are determined to curb illegal activities that might exploit cryptocurrencies.

Similarly, the two countries highlighted their commitment to fighting money laundering, human trafficking, drug trafficking, and illegal immigration, potentially signaling a broader effort to address illicit financial flows that could invo…

The post China, UAE Vow to Crack Down on Crypto-Enabled Crime in Joint Statement appeared first on Coin Edition.

• China and UAE pledged to fortify the battle against crypto-related cybercrime.
• In a joint statement, they highlighted telecom fraud and online gambling as areas of mutual concern.
• In addition to security concerns, the statement stressed supporting bilateral trade and investment partnerships.

China and the United Arab Emirates (UAE) have united their forces, pledging to fortify their cooperation in the relentless battle against cybercrime linked to cryptocurrency. This came via an official joint statement released following UAE President Mohammed bin Zayed Al Nahyan’s state visit to China. His Highness Sheikh Mohammed bin Zayed Al Nahyan’s state visit to China.

Specifically, the joint statement highlights ‘telecommunications network fraud and online gambling’ as areas of mutual concern. This shared focus suggests a promising future where both nations are determined to curb illegal activities that might exploit cryptocurrencies.

Similarly, the two countries highlighted their commitment to fighting money laundering, human trafficking, drug trafficking, and illegal immigration, potentially signaling a broader effort to address illicit financial flows that could invo…

The post China, UAE Vow to Crack Down on Crypto-Enabled Crime in Joint Statement appeared first on Coin Edition.