Regulatory Updates

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. Mishaal Hitesh Pattni as the Representative of Sun Capital Markets Limited have ceased, effective May 8th, 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. Chen Wenquan as the Representative of Macrofx (Seychelles) Limited have ceased, effective May 8th, 2025.

This notice is hereby issued by the Financial Services Authority (“FSA”) drawing attention to the website https://turboxbt.com/ allegedly operated by TURBO TICKS TECHNOLOGY LIMITED previously incorporated under the International Business Companies Act. The FSA wishes to advise the public as to the fact that the company does not, nor has it had any authorisation to operate under the Virtual Asset Service Providers Act, 2024. The company was simply incorporated in Seychelles under the International Business Companies Act.

The company has since been found to not be in good standing and was dissolved as of the 18^th December 2024, and is therefore no longer an active legal entity as per the FSA’s records.

Consumers are reminded to always check whether the Virtual Asset Service Providers (“VASP”) or Virtual Asset products being offered to them are actually licensed/authorized and regulated in the jurisdiction from which they claim to operate. To note, the FSA publishes upon its website all persons authorised or licensed to offer non-bank financial services, including virtual asset services as well as the registration of Initial Coin Offerings or Non-Fungible Tokens.

The Seychelles continues to monitor activities within this domain and the public is encouraged to notify the FSA where they may feel they are engaging with VASPs that are operating without the proper licence or authorisation by making use of the form available on the FSA website at the following link: https://fsaseychelles.sc/vasp/report-suspected-unauthorized-or-unlicensed-va-vasp-activity. 

For any further enquiries, please contact the FSA on vass@fsaseychelles.sc. 

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the website https://cryptimize.com/ claiming to be a company registered in the Seychelles. The public is hereby notified that the afore-mentioned company does not presently have any authorisation for offering virtual asset exchange services, having failed to submit an application as required under the Virtual Asset Service Providers Act, 2024.

Furthermore, the FSA Seychelles urges investors and members of the public to exercise adequate research and evaluation on an entity, service provider, and representative prior to conducting business and/or performing any transactions involving money exchanges or exchanges of personal details.

The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees and members of the general public to the website "defi.qtnimint.top". The Authority takes note that the website refers to a company named "Qtum (SC) Ltd", which is claiming to be licensed and regulated by the FSA as a Seychelles based Securities Dealer with registration number 8423606-1 and license number SD025.

Please be advised that as per the Authority’s records, Qtum (SC) Ltd is not authorized, approved and/or licensed by the FSA in any capacity to offer and/or carry securities business in Seychelles and the website is not linked to any entity licensed and/or regulated by the FSA under the Securities Act ,2007. 

The Authority urges investors and members of the general public to conduct adequate research on an entity, service provider(s) and representative prior to engaging in any business activities and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA reminds the public that the Authority shall not be liable should persons continue to engage or maintain client relationship, or make use of services provided with or by the aforementioned website. 

The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees and members of the general public to the website https://luxequant.com/">https://luxequant.com/ which features the license and registration number of an FSA Regulated Securities Dealer Licence.  Please be advised that the aforesaid website is not linked to any entity licensed or regulated by the FSA in any capacity. 

The Authority urges investors and members of the general public to conduct adequate research on an entity, service provider(s), and representative prior to engaging in any business activities and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA reminds the public that the Authority shall not be liable should persons continue to engage or maintain client relationship, or make use of services provided with or by the aforementioned website. 

The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees, and members of the general public to the company "STAR TRADERS", operating on the website  traderstarfx.com which is claiming to be authorized and regulated by the Seychelles Financial Services Authority, does not hold a valid license nor is it regulated by the FSA in any capacity.

The Authority urges investors and members of the general public to conduct adequate research on an entity, service provider(s), and representative prior to engaging in any business activities and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA reminds the public that the Authority shall not be liable should persons continue to engage or maintain client relationship or make use of services provided with or by the aforementioned website.

The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees, and members of the general public to the company "Trade Spheres", operating on the website  https://trade-spheres.com">https://trade-spheres.com which is claiming to be authorized and regulated by the Seychelles Financial Services Authority under the 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 aforementioned license number. The licence number is linked to another entity licensed and regulated by the FSA. 

The Authority urges investors and members of the general public to conduct adequate research on an entity, service provider(s), and representative prior to engaging in any business activities and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA reminds the public that the Authority shall not be liable should persons continue to engage or maintain client relationship or make use of services provided with or by the aforementioned website.

The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees, and members of the general public to the company "Rocketinvest Limited", which is claiming to be authorized and regulated by the Seychelles Financial Services Authority under the license number "UG156". 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 aforementioned license number is not linked to any entity licensed or regulated by the FSA in any capacity.  

The Authority urges investors and members of the general public to conduct adequate research on an entity, service provider(s), and representative prior to engaging in any business activities and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA reminds the public that the Authority shall not be liable should persons continue to engage or maintain client relationship or make use of 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. Andrey Stoychev  as the Representative of Nexo Markets Ltd have ceased, effective March 21st 2025.