The Financial Services Commission is looking to integrate the metaverse into the financial services sector, inviting the public to share their views on the planned move intended to shape the future of the payments industry.
The CBDC pilot initiative, set in November, will use a two-tier distribution model to avoid a disruption in the financial ecosystem, with Mauritius eyeing a cross-border payment functionality.
The Financial Services Commission of Mauritius has granted Coins.ph with four virtual asset service provider (VASP) licenses for broker-dealer services, virtual asset wallet services, virtual asset custody, and marketplace offerings.
The 15-page document sets out how the new licensing structure would allow for fully-regulated trading of security tokens in the country.
The Bank of Mauritius is almost ready to launch its digital currency, which focuses primarily on retail applications within the island nation.
The financial regulator of Mauritius has issued a fresh warning to investors, highlighting concerns over two alleged crypto Ponzi schemes in the country.
The Financial Services Commission stated in the note that securities tokens are categorized as securities under the country’s Securities Act of 2005.
The Financial Services Commission has taken another step toward making the Mauritius International Financial Centre Africa’s fintech hub.
Authorities in Mauritius have set out plans for a new cryptocurrency custodian license, as part of new laws aimed at the emerging blockchain and cryptocurrency sectors.
