I don't even know where the Seychelles are, and if this is too popular to get a license for an exchange.
I wouldn't call it a license, it's just a company registration (
if that part is actually true). Google tells me a "company" can be registered online in a day, and it's basically a tax haven. I assume they're registered there because they don't ask questions. Kinda like the Cayman Islands where another big well known global exchange is
registerered hiding.
Either way, those aren't "companies" I'd want to send my KYC data to.
Why is it that so many exchanges (mainly the 'instant' kind) have .io as their URL suffix? I might not be stating that right, but you know what I mean.
I asked that question at Rollin.io years ago, and Admin told me .io is popular with developers. It's mainly because every possible domain name with .com extension is taken already.