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A. Application

1.All Entities in the Emirate issuing a Virtual Asset must comply with this Part III of the VA Issuance Rulebook, and publish both a Whitepaper and a Risk Disclosure Statement.
2.The only exception to Rule III.A.1 of this VA Issuance Rulebook is that Issuers of Exempt VAs do not need to publish a Whitepaper or a Risk Disclosure Statement in respect of Exempt VAs only.