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28 September 2021

Seychelles Examines the Pros and Cons of Licensing Crypto Trading Platforms – Regulation Bitcoin News

Seychelles Examines the Pros and Cons of Licensing Crypto Trading Platforms – Regulation Bitcoin News


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According to a report, the move by the FSA happens against the backdrop of a rising number of international investigations into scam crypto trading platforms that have been traced to the island nation.

Still, Samson concedes that a decision that results in the prohibition of crypto trading in Seychelles could prove to be an unpopular one?

However, if the policy to license crypto trading businesses is adopted, Seychelles will be forced to take on the responsibility of ensuring that individuals and companies are not involved in illicit activities.

Should Seychelles license crypto trading platforms that are not based on the island

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