Virtual asset service providers and token issuers are licensed under a dedicated law, the VAITOS Act. This page sets out the authorisations a stablecoin business needs in Mauritius, who grants each one and what it covers, alongside how many companies hold them today. The figures come from the registers Anvesan reads and are updated as those registers change.
Authorisations in Mauritius, as at 21 September 2026
Authorisations21across 1 licence families
Licensed21all 21 authorisations
In the pipeline0No live applications
Ended0No ended authorisations
Authorisations by licence
Mauritius VAITOS licence100%21
These 21 authorisations belong to 12 companies. The company-level records are in Atlas Pro.
What those authorisations permit
Moving value for clients8
Scope not stated in the licence13
One authorisation can cover several activities, so these figures overlap.
The licences: who grants them, how long, what they cost
The statutory clock is the formal decision period, where the regulator publishes one. “Observed” is the real-world timeline reported by applicants, not a figure the regulator sets. Capital is the regulatory minimum, not legal or advisory fees. Where a figure is not yet available, we show “Unavailable”; where one exists but Anvesan has not verified it, we show “Not sourced”.
The Atlas column maps a licence to a tracked licence family only where the two are the same thing. Where they are not, it reads Not mapped, and the family counts are in Authorisations by licence above.
Mauritius VAITOS licence
21 in the Atlas
Who grants it
Financial Services Commission, Mauritius (FSC)
What triggers it
Held for moving value for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Virtual Asset and Initial Token Offering Services Act 2021 (VAITOS)
Statutory clockNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
What it takes in practiceNot sourced
Anvesan has not verified this for this regime yet. It is added when it is.
Capital requirement
Not sourced
Application feeNot sourced
What to watch
Regulatory changes only: what is being decided, by whom, and when. Company-level licence changes are tracked in Atlas Pro.
Questions this page answers
How many companies hold a stablecoin-related licence in Mauritius?
Atlas tracks 21 authorisations across 12 companies in Mauritius, read from official registers and checked on 21 September 2026. Of those, 21 are licensed, 0 are in the pipeline, and 0 have ended.
Who regulates stablecoins in Mauritius?
Financial Services Commission, Mauritius (FSC). The framework is Virtual Asset and Initial Token Offering Services Act 2021 (VAITOS).
What licence does a stablecoin business need in Mauritius?
This page lists one authorisation, with the regulator that grants it and what triggers the requirement.
How long does a licence take in Mauritius, and what capital does it need?
Anvesan has not verified decision timelines or capital thresholds for Mauritius yet, so this page does not publish them. It publishes no figure it cannot cite.
How these numbers are made
Registers read
The official registers used for this regime, named in the Registers read line. Where a public register does not provide a record, the source is identified separately.
Cadence
Checked daily. Changes are recorded when they appear in the register, together with the date they were seen. Last checked 21 September 2026.
Licence detail reviewed
23 September 2026. Counts are refreshed daily. Licence terms, timelines and capital thresholds are reviewed separately because they come from the underlying rules rather than the register.
Known gap
“Unavailable” means the figure does not yet exist or has not been published. “Not sourced” means the figure exists but Anvesan has not yet verified it. Neither is estimated.