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  • SIO-2.3 Publication of the Decision to Voluntarily Surrender, Cancel or Amend a License

    • SIO-2.3.1

      In accordance with Articles 47 and 49 of the CBB Law, the CBB must publish its decision to voluntarily surrender, cancel or amend a license in the Official Gazette and in two local newspapers, one in Arabic and the other in English.

      Added: July 2025

    • SIO-2.3.2

      For the purposes of Paragraph SIO-2.3.1, the cost of publication must be borne by the stablecoin issuer.

      Added: July 2025

    • SIO-2.3.3

      The CBB may also publish its decision on such cancellation or amendment using any other means it considers appropriate, including electronic means.

      Added: July 2025