Crypto firms operating on the island would have to meet the qualification requirements for investment businesses, which were not designed for the crypto market.
Isle of Man News
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The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon.
5036The famous Stanford Marshmallow Experiment takes the orange pill during a study of 25 school kids on the Isle of Man.
3384A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled Bolt Card.
5478Digital Isle of Man, an executive agency for the Isle of Man’s government, formed a global blockchain hub and regulatory sandbox.
3389The Isle of Man can become the Switzerland for Bitcoin as the small island’s government has been quick to react to the growth of digital currencies.
849Kickstarter and Indiegogo aren’t suitable for modern crowdfunding according to Ram Budime, the Business Development Manager of Gok!llo, a new bitcoin-powered crowfunding platform.
1080Cryptor Trust launches a blockchain investment company, FinCEN says it is to perform an examination of digital currency-related enterprises and more news.
791Council on Foreign Relations describes Bitcoin as ‘the craziest thing since the 1630s’; PayPal fined US$7.7 million for allowing transactions to countries covered by the United States' sanctions policy and more top stories for March 27.
688Japan's largest Internet company Rakuten Inc. has started to accept Bitcoin as a payment option on its American portal Rakuten.com, MasterCard describes cryptocurrencies as an innovative competitor, and more top stories for March 17.
696Darkleaks' black market for data, Inside Bitcoins coming to Berlin, 600 merchants in Austria started selling Bitcoin over night, BitPay partnering with Adyen, and much more news that happened on February 4.
654Newly incorporated Isle of Man Bitcoin company Garigus Limited, announces founding shareholders paid their shares in Bitcoin, an element qualified as a key milestone in the development of the island's Bitcoin industry.
771Manx news outlet The Isle of Man Today reported Thursday that the Manx Labour Party has called for the island’s Department of Economic Development to conduct a risk assessment of cryptocurrencies, which apparently are giving Labour a cause for concern.
603Nearly 200 entrepreneurs, enthusiasts, private sector representatives and governmental officials were convened last week for the Crypto Valley Summit 2014 in the Isle of Manю
1376UK Bitcoin and gold exchange Netagio has confirmed its successful ISAE 3000 audit, becoming the first Bitcoin entity in the industry to achieve the distinction.
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