---
type: country
domain: web3-compliance
status: compiled
tags: [Legal, Crypto Tax, Crypto Regulation, Country]
aliases: [Seychelles]
created: 2026-04-23
compile_into: ""
slug: country--seychelles
sources: "[./crypto-map/data.json#/SC, \"https://soken.io/crypto-map/countries/seychelles.html\"]"
source_url: "https://soken.io/crypto-map/countries/seychelles.html"
title: "Seychelles — Crypto Regulation 2026 | Soken"
description: Seychelles has a robust regulatory framework for crypto, governed by the Virtual Asset Service Providers Act, 2024…
scraped_at: "2026-04-23T20:08:35.128225+00:00"
entry_type_raw: country
region: africa_east
---

# Seychelles — Crypto Regulation 2026 | Soken

# 🇸🇨 Seychelles

Seychelles has a robust regulatory framework for crypto, governed by the Virtual Asset Service Providers Act, 2024, with active enforcement against unauthorized crypto activities and scams.

## Overview

|     |     |
| --- | --- |
| Status | **crypto\_friendly** |
| Risk Score | 35/100 (Moderate Risk) |
| Region | africa east |
| Currency | SCR |

## Tax

|     |     |
| --- | --- |
| VAT on Crypto | No |

The regulator page does not specify detailed tax rules for cryptocurrency activities.

## Licensing

|     |     |
| --- | --- |
| Required | Yes |
| Regulator | FSA Seychelles |
| Framework | Virtual Asset Service Providers Act, 2024 |
| Ease | medium |
| Cost | $5,000 - $50,000 |

Licensing is mandatory under the Virtual Asset Service Providers Act, 2024, with active monitoring and enforcement by the Financial Services Authority.

## DeFi

**Status:** unregulated

No explicit regulatory stance on DeFi is mentioned on the page.

## Stablecoins

**Status:** unknown

No specific stablecoin framework.

## NFTs

**Status:** no\_rules

No NFT-specific regulation.

## Mining

|     |     |
| --- | --- |
| Legal | Yes |
| Electricity | $0.22/kWh |
| Renewable | 35% |
| Infrastructure | fair |

Mining is legal with moderate electricity costs and 35% renewable energy; infrastructure is fair.

## Geopolitics

|     |     |
| --- | --- |
| Stability | stable |
| Sanctions | No |
| Corruption Index | 45/100 |
| Banking Access | moderate |

Last reviewed: 2026-04-13 ·
Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/)

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