WHY FX COMPANIES AND CURRENCY NETWORKS GRAVITATE TOWARD THE VANUATU FINANCIAL SERVICES COMMISSION REGULATORY ACCREDITATION

The Vanuatu's FSC is a well-known licensing authority that issues regulatory permits to foreign exchange platforms and currency markets. In the past few years , a growing number of Forex brokers and exchange systems have chosen to get licensed by the VFSC. This raises the question: Why do trading companies and exchanges prefer the VFSC