Falkland Islands (Malvinas) vs Seychelles
Crypto regulation comparison
Falkland Islands (Malvinas)
Seychelles
No Data
Legal
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The VASP Act 2024 effective Sept 2024 establishes FSA as regulator for virtual asset service providers. Exchanges require licensing. Mining and mixer/tumbler services are prohibited in Seychelles.
Tax Type
Unclear
Tax Type
No tax
Tax Rate
N/A
Tax Rate
0%
Exchanges
No
Exchanges
Yes
Mining
No
Mining
No
Regulator
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Regulator
Financial Services Authority (FSA)
Stablecoin Rules
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Stablecoin Rules
Regulated under VASP Act 2024
Key Points
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Key Points
- VASP Act 2024 enacted Aug 30, effective Sept 1, 2024
- FSA licenses and supervises all virtual asset service providers
- Mining facilities and mixer/tumbler services prohibited
- VASPs must maintain local office and resident director
- Licensed IBC VASPs taxed at 1.5% on assessable income
Sources
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