Dubai Launches Strategy to Boost Virtual Asset Contribution

Key Points:* Dubai launches strategy to increase virtual assets’ GDP contribution.

• Seeks to reach 3% GDP contribution from 0.5%.
• Financial sector led by Sheikh Maktoum bin Mohammed. Dubai announced a robust Financial Sector Strategy to ascend as a top-three global financial hub, focusing sharply on expanding its virtual assets ecosystem.

This initiative aims to elevate virtual assets’ GDP contribution to 3%, supporting Dubai’s financial market growth and signaling increased global economic integration.

Sheikh Maktoum’s Vision: Tripling Virtual Assets’ GDP Share

Dubai’s new financial strategy, spearheaded by Sheikh Maktoum bin Mohammed, aims to bolster the city’s financial landscape. Emphasizing virtual assets as a core economic pillar, the strategy seeks to propel Dubai into the top global financial centers.

This initiative represents a significant shift in Dubai’s approach to finance, targeting expansion of the digital asset landscape. The contribution of virtual assets to GDP is set to rise from 0.5% to 3%, aligning with the emirate’s broader economic ambitions. Virtual assets are poised to become a major economic driver.

“This strategy represents a major step for Dubai’s financial sector…to cement the emirate’s status as the world’s premier destination for financial services and one of the top three global financial hubs, in line with the goals of the Dubai Economic Agenda D33.” – Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum

Dubai’s Financial Ranking and the Role of Virtual Assets

Did you know? Dubai’s Global Financial Centers Index ranking improved from 16th in 2023 to 11th in 2025, signifying its rapid ascent in global finance.

Ethereum (ETH) is currently valued at $4,151.09, with a market cap of $501.05 billion, maintaining a 12.83% market dominance. The cryptocurrency experienced a 24-hour price increase of 8.61%, though its 7-day performance has declined by 8.75%, according to CoinMarketCap.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 06:25 UTC on October 13, 2025. Source: CoinMarketCap Coincu research indicates that Dubai’s strategy could create a robust framework for virtual assets. Historical trends suggest increased regulatory clarity could bolster institutional trust, paving the path for technological advancements and a thriving digital economy.

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