Dubai has announced a new financial industry strategy, positioning virtual assets as a core pillar with the aim of contributing approximately 3% to the GDP, equivalent to about 13 billion dirhams. The Dubai Virtual Assets Regulatory Authority (VARA) reports that institutions under its supervision have reached a total trading volume of 2.5 trillion dirhams this year, with assets under management (AUM) rising to 9.6 billion dirhams.
Dubai Unveils Financial Strategy with Focus on Virtual Assets
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