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

The VFSC is a well-known licensing authority that issues trading approvals to foreign exchange platforms and currency markets. In recent years , a growing number of Forex brokers and exchange systems have chosen to get licensed by the VFSC. This raises the question: Why do brokers and market facilitators prefer the VFSC over other regu