BEX Mauritius Block Exchange receives the world’s first-ever Security Token Trading License from the Financial Services Commission (FSC) Mauritius

EBÈNE CITY, MAURITIUS – EQS Newswire – 6 December 2022 – BEX Mauritius Block Exchange (“BEX”) announced today that the Financial Services Commission (“FSC”) Mauritius has granted its first-ever Securities Trading Systems License under the Mauritius Securities Act of 2005 to BEX to operate a security token trading platform. BEX Mauritius Block Exchange is the world’s first regulated operational security token trading platform that provides retail users and corporate issuers from around the world with 24/7 direct access to security token trading without intermediaries.

About FSC:

Financial Services Commission (“FSC”) Mauritius is the integrated regulator of the Republic of Mauritius for the non-bank financial services sector and global business. Established in 2001, the FSC is mandated under the Financial Services Act 2007 and has as enabling legislations the Securities Act 2005, the Insurance Act 2005, the Private Pension Schemes Act 2012, and the Virtual Asset and Initial Token Offering Services Act 2021 to license, regulate, monitor, and supervise the conduct of business activities in these sectors. The Republic of Mauritius is also a full member of the International Organization of Securities Commissions (IOSCO), the international body that brings together the world’s securities regulators and is recognized as the global standard setter for the securities sector. It works intensively with the G20 and the Financial Stability Board (FSB) on the global regulatory reform agenda and to address emerging financial vulnerabilities affecting global financial stability.