Regulation

Isle of Man Starts Digital Currency Biz Licensing by End Oct 2015

The government of the Isle of Man will begin issuing “Designated Business Licensing” for digital currency businesses by the end of October 2015, according to Merkletree.io.

Various activities involving digital currencies, such as issuing, transmitting, transferring, providing custody or storage, administering, managing, lending, buying, selling, exchanging or trading, will require a registration with the Financial Supervision Commission. Read more at Merkletree.io.

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
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