Dubai Spreads Its Wings: Virtual Assets Named New Economic Pillar, Targeting 3% of GDP (AED 13B+)

Dubai is doubling down on the digital economy by elevating virtual assets to a new pillar of growth, with an ambition to contribute around 3% of GDP—surpassing AED 13 billion. The move signals a calibrated push to attract global capital, innovators, and institutional players seeking clear rules and deep liquidity in a time zone that bridges East and West.

Central to the strategy is a licensing-first approach designed to balance innovation with market integrity. Firms operating across spot markets, tokenization, custody, and exchange services are expected to meet robust standards for governance, risk management, and consumer protection. Clear guardrails around AML/KYC, market abuse, and asset segregation aim to reduce counterparty risk and strengthen trust for both retail and professional investors.

Dubai’s broader proposition combines regulatory clarity with world-class infrastructure. Free zones and financial centers provide streamlined company setup, while access to a multinational talent pool supports product development in tokenized real-world assets, stable-value instruments, and cross-border payments. By aligning virtual asset activity with fintech, AI, and logistics, the emirate seeks to convert Web3 experimentation into enterprise-grade use cases—think tokenized trade flows, programmable treasury operations, and compliant digital fundraising.

The growth blueprint also leans on ecosystem-building: sandboxes to accelerate pilots, standards that support interoperability, and education tracks to upskill compliance and engineering teams. Institutional-grade custodianship and audited staking services are set to be catalysts, bringing asset managers, family offices, and corporates into the fold. Meanwhile, transparent disclosure practices are encouraged to improve price discovery and reduce information asymmetry.

If executed well, the 3% GDP target could become a flywheel: more high-quality operators, deeper liquidity pools, and stronger network effects. For founders and investors, the signal is unmistakable—Dubai wants to be a premier hub for responsible virtual asset innovation, converting policy clarity into measurable economic value.

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