WHY CURRENCY EXCHANGES AND CURRENCY NETWORKS GRAVITATE TOWARD THE VANUATU FINANCIAL SERVICES COMMISSION COMPLIANCE CERTIFICATION

The Vanuatu's FSC is a well-known regulatory body that issues licenses to Forex brokers and currency markets. In a short span of time, a growing number of currency firms and financial service providers have chosen to get licensed by the VFSC. This raises the question: Why do currency dealers and market facilitators prefer the VFSC over