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Greenland vs Seychelles

Crypto regulation comparison

← Back to map | Greenland | Seychelles
Greenland

Greenland

Seychelles

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 No
Exchanges Yes Yes
Mining No No
Mining No No
Regulator -
Regulator Financial Services Authority (FSA)
Stablecoin Rules -
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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Sources
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