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— |
|||
| 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. |
|||