B. Power to Classify Virtual Assets
1. | VARA may, in its sole and absolute discretion, classify, or otherwise provide clarification or opinion, by public notice either generally or in a specific case, on— |
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a. | any Virtual Asset, or type of Virtual Asset, as being prohibited in the Emirate; | |||
b. | any Virtual Asset, or type of Virtual Asset, as being regulated by the CBUAE; or | |||
c. | VARA’s interpretation, classification or regulatory treatment of any Virtual Asset or type of Virtual Asset. |