Mauritius Virtual Assets and Initial Token Offering Services Act 2021
The Financial Services Commission of Mauritius (“FSC”) has released a Communiqué to inform the industry stakeholders and the public that the Virtual Asset and Initial Token Offering Services Act 2021 (‘The Act’) has come into force on 07 February 2022.
The Act was passed by the Mauritian National Assembly on 10 December 2021, gazetted on 16 December and came into force on 7 February 2022.
The Act sets out a comprehensive legislative framework to regulate the business activities of virtual assets service providers and initial token offerings.
The Communiqué and the Act are accessible via the links below: