While the crypto market is shaken by the failure of FTX, a digital asset settlement platform will be going live inside the financial system of United States (U.S.) for 12 weeks testing the regulatory framework existed in the United States as well as the adoption and...
FTX one of the biggest crypto-exchanges in the last few years has collapsed overnight and filed for bankruptcy last week, leaving many of its users unable to withdraw their funds and causing a chaos in the global crypto-scene. The FTX case has highlighted once again a...
On 10 October 2022, the European Securities and Markets Authority (ESMA) has officially announced and published its strategic priorities for the next 5 years (2023-2028). The Strategy takes into account the key priorities of the European Union (EU) in the area of financial...
On 1st of September 2022, the Financial Services Authority (FSA) of Seychelles has issued its final Business Continuity Plan (‘BCP’) guidelines aiming to provide guidance to the regulated entities and licensees in creating and submitting their BCP to the FSA, as and when...
The Seychelles Cabinet of Ministers has endorsed the National Risk Assessment (NRA) Report on Virtual Assets (VA) and Virtual Assets Service Providers (VASPs) during a scheduled cabinet meeting on August 24th, 2022, permitting the National Anti-Money Laundering and Countering...
The Financial Services Authority (FSA) of Seychelles advised on the 16th of August, 2022 that the National Risk Assessment (NRA) Report pertaining to the NRA on Virtual Assets (VA) and Virtual Assets Service Providers (VASPs), which was conducted by Mr. Danny Sanhye of BDS...