A formal notice of administration is issued to the stablecoin issuer concerned and copies posted in every place of business of the stablecoin issuer. As soon as practicable thereafter, the notice is also published in the Official Gazette and in one Arabic and one English newspapers in the Kingdom. The term “in administration” should be clearly marked in all the stablecoin issuer’s correspondence and on its website, next to the stablecoin issuer’s name.