VA Issuance [Category 1]
For your Shuraa activity review, use code 6920- 018 to identify VA Issuance [Category 1] within DWTC Free Zone. Compare the supplied record with the work your company intends to undertake.
Activity code 6920- 018
Listed activity name: VA Issuance [Category 1]
- Activity code
- 6920- 018
- Jurisdiction
- DWTC Free Zone
- Licence type
- Virtual Assets
- Group code
- 6920
Activity description
including, but not limited to Fiat-Referenced Virtual Assets [FRVAs], defined as types of VA that purport to maintain a stable value in relation to the value of one or more fiat currencies, but do not have legal tender status in any jurisdiction, as more fully defined in the FRVA Rules.
Additional requirements
Virtual Assets Regulatory Authority (VARA)
Authority reference: DWTC activities and licences. Confirm the latest scope and requirements with the authority.
Scope checks for your Shuraa consultation
- Write down the exact work your business will carry out and compare it with the supplied description above.
- Identify any parts of your operation that the description does not clearly address.
- Keep any approval notes with this activity code and ask which requirements apply before submitting an application.
Plan your next step with Shuraa
Bring this activity code to your Shuraa consultation to discuss the intended scope of work, jurisdiction choice and application requirements.
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