A delegation from Kazakhstan's financial sector recently visited the United Arab Emirates (UAE) to strengthen cooperation between the two sides in digital assets and blockchain technology. The visit was held from 26 to 27 March and the delegation included representatives of the State Bank of Kazakhstan and the Agency for Regulation and Development of Financial Markets (ARDFM), who communicated with major financial institutions and regulators in the UAE. According to a statement from the State Bank of Kazakhstan, the focus of the discussions between the two sides is on the expanding field of digital assets, including regulatory frameworks and practical applications of blockchain technology. The State Bank of Kazakhstan signed a Memorandum of Understanding (MoU) with the UAE Central Bank to exchange best practices in fintech, cybersecurity and CBDC development. The delegation also met with the UAE Securities and Commodity Authority to explore the integration of Kazakhstan exchanges such as the Kazakhstan Stock Exchange and Astana International Financial Centre with the UAE’s Tabadul Digital Exchange. This collaboration aims to improve the stock market infrastructure and facilitate cross-border transactions through blockchain technology. The delegation of Kazakhstan also held discussions with Mubadala Investment Company and Abu Dhabi First Bank to expand investment cooperation with Kazakhstan. (Bitcoin.com)