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F. Marketing

1.
No Entity may, in the Marketing of any Virtual Asset in the Emirate, use the term ‘stablecoin’ or include language suggesting that the value of a Virtual Asset is maintained stable relative to a particular RWA, unless—
 
a.it is a VASP Licensed by VARA to issue ARVAs and has received VARA’s approval to issue the ARVA and such approval has not been revoked;
b.such ARVA purports to maintain a stable reference to the value of one RWA only; and
c.the VASP maintains Reserve Assets in accordance with Rule III.C of these ARVA Rules.
 
2.VASPs Licensed to issue ARVAs shall, in all Marketing relating to any ARVA, include clear and unambiguous statements that such ARVA is not covered by any investor protection or deposit guarantee schemes.