Regulatory Updates

This notice is issued by the Financial Services Authority of Seychelles (“FSA/Authority”) drawing attention to the website: https://qtradealgo.com" The Authority takes note that the website refers to a company named “QuestTrade Algorithm/TradeStratIQ” claiming to be authorized and regulated by the Seychelles Financial Services Authority under license number “SD018”. Please be advised that the entity is not known, does not hold a valid license nor is it regulated by the FSA in any capacity and the website is not linked to any entity licensed or regulated by the FSA in any capacity.   

Furthermore, the FSA Seychelles urges investors and members of the public to exercise adequate research and evaluation on an entity, service providers, and representatives prior to conducting business and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA also reminds the public that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the website:https://drwinxglobal.com/index.html and the fact that the website is not linked to any entity licensed or regulated by the FSA in any capacity.

Furthermore, the FSA Seychelles urges investors and members of the public to exercise adequate research and evaluation on an entity, service providers, and representatives prior to conducting business and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA also reminds the public that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant Section 4(1)(m) of the Financial Services Authority Act, 2013 (“FSA Act”), the accreditation of Mr. Yong Ning Hu as the Representative of GC Group Ltd has been terminated, effective as of July 1st, 2025.

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant Section 4(1)(m) of the Financial Services Authority Act, 2013 (“FSA Act”), the accreditation of Mr. Franck Corouna as the Representative of Modmount Services Limited has been terminated, effective as of September 18th, 2025.

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant Section 4(1)(m) of the Financial Services Authority Act, 2013 (“FSA Act”), the accreditation of Mr. Nicos Kezarides as the Representative of TouchStone Markets Limited has been terminated, effective as of September 18th, 2025.

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant Section 4(1)(m) of the Financial Services Authority Act, 2013 (“FSA Act”), the accreditation of Mr. Charilaos Charogiannis as the Representative of Leadcapital Corp Ltd has been terminated, effective as of September 18th, 2025.

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant Section 4(1)(m) of the Financial Services Authority Act, 2013 (“FSA Act”), the accreditation of Mr. Lenny Mbiga Ngatia as the Representative of TGG International Ltd has been terminated, effective as of September 18th, 2025.

The Financial Services Authority hereby issues this public statement, in line with section 28 of the Financial Services Authority Act, 2013 to notify the public that the Virtual Asset Service Providers Application submitted by Peken Global Limited trading as Ku Coin for approval under the Virtual Asset Service Providers (VASP) Act, 2024 (“the Act”), has been rejected  effective as of the 4^th June 2025. The company was formally instructed to cease all operations immediately or migrate its services out of the jurisdiction.

The public is hereby advised as to Peken Global Limited having opted to migrate its service offering outside of the Seychelles, and has successfully redomiciled.

For further enquiries as the transition, please contact vass@fsaseychelles.sc.

The Financial Services Authority hereby issues this public statement, in line with section 28 of the Financial Services Authority Act, 2013 to notify the public that the Virtual Asset Service Providers Application submitted by BTSE Holding Limited trading as BTSE for approval under the Virtual Asset Service Providers (VASP) Act, 2024 (“the Act”), on the 31st December 2024 rejected as of 24th July 2024. The company was formally instructed to cease all operations immediately or migrate its services out of the jurisdiction.

BTSE Holding Limited has since informed the Authority of its acquisition by BTSE GLOBAL LIMITED SOCIEDAD DE RESPONSABILIDAD LIMITADA a company incorporated with limited liability under the laws of the Republic of Costa Rica. Effective the 2nd July 2025 all present day users serviced by BTSE Holding Limited are migrated to the company incorporated under the laws of Costa Rica.

For any further enquiries, please contact the FSA on vass@fsaseychelles.sc or BTSE Holding Limited on support@btse.com.

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant Section 4(1)(m) of the Financial Services Authority Act, 2013 (“FSA Act”), the accreditation of Mr. Marios Zantis as the Representative of SUXXESS FX LTD has been terminated, effective as of September 12th, 2025.