African Regulation • Lesson 4 of 6
🇲🇺 Mauritius: virtual-asset framework
Virtual Asset and Initial Token Offering Services Act and FSC licensing.
Documented regulatory approach
Mauritius has the Virtual Asset and Initial Token Offering Services Act 2021. The Financial Services Commission (FSC) states that the framework came into force on 7 February 2022.
Licensing categories
The FSC lists virtual-asset broker-dealer, wallet, custodian, advisory and marketplace licences, alongside initial token offering registration categories.
Important distinction
A licence category does not mean every applicant qualifies or that every token or service is approved. Requirements depend on the specific activity and applicable rules.
Practical scenario
A business proposing custodial wallet services in or from Mauritius should check the FSC’s licensing criteria and seek qualified local advice before soliciting customers.
Official sources and verification
Consult the regulator's latest publications, legal texts and licensing records. Links below are starting points, not evidence that any particular provider is authorised.
HILEX Digital is an independent educational platform. This lesson is general information, not legal, tax, financial or investment advice. Obtain qualified local advice for a specific activity.