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Seychelles

Seychelles’ new bill requires VASPs to have local offices, directors
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23 August, 2024

Seychelles’ new bill requires VASPs to have local offices, directors

Seychelles parliament has unanimously approved the new bill, making the Financial Services Authority the sector’s regulator and requiring VASPs to...
Africa: Blockchain startups sees 429% surge in funding in 2022
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27 April, 2023

Africa: Blockchain startups sees 429% surge in funding in 2022

A new report reveals that Africa was the region with the highest growth in blockchain funding, with KuCoin and Scroll.io...
CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen
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9 March, 2023

CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen

Under the plan, which was proposed in September 2022, CoinFLEX creditors will own 65% of the company, while Series A...
CoinFLEX files for restructuring after Roger Ver allegedly fails to pay margin call
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12 August, 2022

CoinFLEX files for restructuring after Roger Ver allegedly fails to pay margin call

In a blogpost, CoinFLEX detailed how it has filed for restructuring in Seychelles, which will enable it to issue rvUSD...
OneCoin scam: Seychelles asked to probe transfer of $10B in BTC
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10 September, 2021

OneCoin scam: Seychelles asked to probe transfer of $10B in BTC

A British lawyer has filed a request for Seychelles authorities to probe transactions related to 230,000 BTC that have been...