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.