The Seychelles is home to many crypto & forex brokers, most of which offer pretty high trading leverage on their most liquid currency trading pairs. These brokers typically also accept the most common cryptocurrencies as payment methods for funding trading accounts, which is a major benefit for traders who for various reasons want to avoid sending money via the banking system.
Some of the crypto brokers registered in the Seychelles are regulated by the Seychelles Financial Services Authority (SFSA), while others are not. Although it may seem risky to trade with an unregulated crypto broker, a good idea is to check whether the same broker is regulated in any other jurisdictions. If it is, it is a sign that their business practices at least in those countries meets certain standards.