Seychelles · VASP Licences and Applications Under Assessment
No Firm Holds a Full VASP Licence From the FSA in Seychelles; 9 Applicants Are Under Assessment and May Keep Operating.
Every firm on the FSA's virtual asset service provider page: licensed, or under assessment under the VASP Act transition. Who is under assessment →
9
Applications under FSA assessment
Bequant, BTG Technology Holdings Limited, Bybit, eToro, Keyrock SYC, Match2Pay, OKX, Thecorio Ltd, Tradu
9
Global brands not listed by name
Binance, Bitget, Coinbase, Crypto.com, Gate, HTX (Huobi), Kraken, KuCoin, MEXC
Every Firm on the FSA's VASP Page, Licensed or Under Assessment
18 of 18 · CSV
| Enforcement | Sources | |||
|---|---|---|---|---|
| Bequantassessment · 26 May 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| BTG Technology Holdings Limitedassessment · 9 Mar 2026 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Bybitassessment · 28 May 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| eToroassessment · 10 Jul 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Keyrock SYCassessment · 25 Sep 2026 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Match2Payassessment · 12 May 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| OKXassessment · 18 Jul 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Thecorio Ltdassessment · 28 Aug 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Traduassessment · 14 Oct 2025 | Virtual asset service provider | Licence application under FSA assessmentFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Binancechecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Bitgetchecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Coinbasechecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Crypto.comchecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Gatechecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| HTX (Huobi)checked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| Krakenchecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| KuCoinchecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
| MEXCchecked 22 Oct 2026 | Not applicable | Not listedFSA page read 22 Oct 2026 | None tracked | FSA VASP page official |
Source: FSA Seychelles, Licensed VASPs (read 22 Oct 2026). Methodology.
Analysis
- No Crypto Firm Holds a Full Seychelles VASP Licence Yet: All 9 on the FSA List Are Under Assessment
22 Oct 2026 · Who is on the FSA's VASP page, and what “under assessment” means under the VASP Act, 2024.
Key Dates
- Rule
VASP Act, 2024
- Rule
Transition
- FSA date shown
BTG Technology Holdings Limited
- FSA date shown
Keyrock SYC
Cite This Page
VASP Tracker, “Seychelles Crypto Firm Tracker: FSA VASP Licences”, https://vasptracker.com/en/sc/ (accessed 22 Oct 2026). CC BY 4.0.