Dubai has launched a financial sector reform plan targeting its ambition to become a top financial center. The strategy highlights virtual assets, capital markets, and fintech as crucial components for future growth.
Currently, virtual assets account for about 0.5% of Dubai’s GDP, equivalent to 600 million USD. The plan aims to boost this figure to approximately 3% of GDP, translating to 3.5 billion USD, reflecting the city’s shift towards digital finance.
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