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Seychelles Crypto Licensing: VASP Act 2024

In force / passed In force / passed: 31 Dec 2024 (application deadline)

Regulator
Financial Services Authority (FSA) Seychelles
Legal basis
Virtual Asset Service Providers Act, 2024 (Act 12 of 2024)
Virtual Asset Service Providers Act, 2024 (PDF)
FSA Seychelles · Press release, 13 Dec 2024
Official register
FSA Seychelles regulated entities · Format: HTML

What Is Changing

Seychelles requires virtual asset service providers to be licensed by the FSA under the VASP Act, 2024. Providers operating on 1 September 2024 had until 31 December 2024 to apply; from 1 January 2025 those without an application had to stop.

Timeline

  1. law adopted

    The VASP Act, 2024 is published in the Official Gazette.

    Sources: Virtual Asset Service Providers Act, 2024 (PDF) official

  2. application deadline

    Deadline for providers operating on 1 September 2024 to apply for a licence; from 1 January 2025, those that had not applied must stop operating.

    Sources: FSA Seychelles · Press release, 13 Dec 2024 official

A company-level tracker for Seychelles is in preparation. This page covers the rules and dates only. CSV

Cite This

VASP Tracker, “Seychelles crypto licensing: VASP Act 2024”, https://vasptracker.com/en/sc/ (21 Oct 2026), CC BY 4.0.