{"id":616,"date":"2022-11-21T07:02:09","date_gmt":"2022-11-21T07:02:09","guid":{"rendered":"https:\/\/jtmediahub.com\/news\/?p=616"},"modified":"2022-11-21T07:09:28","modified_gmt":"2022-11-21T07:09:28","slug":"fsc-rules-issued-under-the-virtual-asset-and-initial-token-offerings-services-act","status":"publish","type":"post","link":"https:\/\/jtmediahub.com\/news\/2022\/11\/21\/fsc-rules-issued-under-the-virtual-asset-and-initial-token-offerings-services-act\/","title":{"rendered":"FSC Rules issued under The Virtual Asset and Initial Token Offerings Services Act"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"616\" class=\"elementor elementor-616\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b1a448b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b1a448b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-71551286\" data-id=\"71551286\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e37c752 elementor-widget elementor-widget-image\" data-id=\"e37c752\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"240\" src=\"https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/VAITOS-L-1024x240.jpg\" class=\"attachment-large size-large wp-image-621\" alt=\"\" srcset=\"https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/VAITOS-L-1024x240.jpg 1024w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/VAITOS-L-300x70.jpg 300w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/VAITOS-L-768x180.jpg 768w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/VAITOS-L-1536x360.jpg 1536w, https:\/\/jtmediahub.com\/news\/wp-content\/uploads\/sites\/2\/2022\/11\/VAITOS-L.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43baf0fd elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43baf0fd\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7b99cc24\" data-id=\"7b99cc24\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-735ee32 elementor-view-framed elementor-shape-square elementor-widget elementor-widget-icon\" data-id=\"735ee32\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"far fa-newspaper\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e5e474e elementor-widget elementor-widget-heading\" data-id=\"1e5e474e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">FSC Rules issued under The Virtual Asset and Initial Token Offerings Services Act<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77776630 elementor-widget elementor-widget-text-editor\" data-id=\"77776630\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The Financial Services Commission (&#8220;FSC&#8221;) has issued the Virtual Asset and Initial Token Offerings Services (Travel) Rules 2022 (the &#8220;rules&#8221;) in accordance with the Virtual Asset and Initial Token Offerings Services Act. The rules are deemed to have come into operation on 01 July 2022 and is part of the FSC&#8217;s objective to establish the Mauritius IFC as Africa&#8217;s Fintech hub. The rules are accessible\u00a0<a href=\"https:\/\/www.fscmauritius.org\/media\/131206\/fsc-communiqu%C3%A9-new-rules-issued-under-the-vaitos-act.pdf\">here<\/a>.<\/p><p>In addition, on the 25<sup>th<\/sup>\u00a0of August 2022, the FSC issued updates to its Guidance Notes under its Fintech Series. The updated guidance notes serve the objective of avoiding inconsistencies following the coming into force of the Virtual Assets and Initial Token Offerings Services Act.<\/p><p>The updated guidance notes are accessible\u00a0<a href=\"https:\/\/www.fscmauritius.org\/media\/131322\/fsc-communiqu%C3%A9-fsc-issues-updates-to-the-guidance-notes-under-its-fintech-series.pdf\">here.<\/a><\/p><p>For more information, we invite you to contact our Business Development Team by email at\u00a0<a href=\"mailto:bd@juristax.com\">bd@juristax.com<\/a> or call them on + 230 465 55 26.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc8e32d elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"cc8e32d\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.10.1 - 17-01-2023 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100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>FSC Rules issued under The Virtual Asset and Initial Token Offerings Services Act The Financial Services Commission (&#8220;FSC&#8221;) has issued the Virtual Asset and Initial Token Offerings Services (Travel) Rules 2022 (the &#8220;rules&#8221;) in accordance with the Virtual Asset and Initial Token Offerings Services Act. The rules are deemed to have come into operation on &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/jtmediahub.com\/news\/2022\/11\/21\/fsc-rules-issued-under-the-virtual-asset-and-initial-token-offerings-services-act\/\"> <span class=\"screen-reader-text\">FSC Rules issued under The Virtual Asset and Initial Token Offerings Services Act<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/comments?post=616"}],"version-history":[{"count":5,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/616\/revisions"}],"predecessor-version":[{"id":626,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/posts\/616\/revisions\/626"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/media\/625"}],"wp:attachment":[{"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/media?parent=616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/categories?post=616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jtmediahub.com\/news\/wp-json\/wp\/v2\/tags?post=616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}