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 MP Technology Services Ltd, trading as “MoonPay”, for approval under the Virtual Asset Service Providers (VASP) Act, 2024 (“the Act”), on the 20th December 2024 has been rejected as of the 16th October 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 MP Technology Services having opted to migrate its service offering outside of the Seychelles and has since successfully domiciled.
For further enquiries as to the transition, members of the public may contact vass@fsaseychelles.sc