Annex 1: Fiat-Referenced Virtual Assets Issuance Rules Part I – Approval Requirements A. Interpretation B. General Requirements for VARA Approval C. Significant FRVA Issuers Part II – Additional Disclosures A. Additional Whitepaper Disclosures B. Additional Ongoing Disclosures Part III – Additional Compliance Obligations of FRVA Issuers A. Maintenance of Stable Backing B. Reserve Assets C. Redemptions D. Audits and Reporting E. Marketing F. Capital Requirements Schedule 1 – Definitions