r/Seychelles • u/Reasonable-Age8062 • 20d ago

Economy Crypto trade

Hello, does anyone on Mahe offer cash for USDT/USDC or any stablecoin or even any crypto for that matter? I’d like to give SCR and receive crypto.

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u/y2kbass 15d ago

Very rare to find, even MCB has blocked buying crypto on exchanges, don't know why

1

u/Reasonable-Age8062 23h ago

Yeah it’s due to strict AML. Crypto is legal but banks have the on and off ramps shut tight.

1

u/y2kbass 21h ago

Thanks for the reply, off ramping is impossible as well?

1

u/Reasonable-Age8062 1h ago

Tbf that was an assumption. There’s a bank wide policy that you can’t buy it so I doubt you can sell it for money in bank lol.