Mauritius FSC Approves Regulatory Framework For Crypto Custody Services

News, Regulation | February 11, 2019 By:

The Mauritian Financial Services Commission (FSC) has announced that the regulatory framework for the Custodian Services (Digital Asset) License has been finalized.

The regulatory framework, which will come into effect on March 1, will require crypto custodian services to comply with the applicable framework for Anti-Money Laundering and combat financing terrorism (AML/CFT) in line with international best practices.