Dubai launches financial sector reform plan, listing virtual assets as one of the three pillars

Dubai recently launched a comprehensive financial sector reform program aimed at propelling it toward becoming one of the world's top three financial centers. The Dubai Government Media Office stated that under the newly released "Dubai Financial Strategy," virtual assets, capital markets, and financial technology will become key pillars of Dubai's future economic growth. The Dubai government plans to leverage this financial sector reform program to accelerate the development of digital assets, which already enjoys a leading edge, and promote the transition from traditional finance to digital financial services.