Regulatory Alerts2022-11-30
Guidance Notes on the Regulatory Treatment of Non-Fungible Tokens
The Financial Services Commission of Mauritius classifies Non-Fungible Tokens into three functional categories to determine their regulatory obligations under the Securities Act and VAITOS Act. Digital collectibles not used for payment or investment are exempt from regulation, while NFTs functioning as securities require licensed marketing and trading platforms. All other virtual asset NFTs must secure appropriate registration or licensing, with non-compliance potentially triggering enforcement actions against issuers and platform operators.
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