The Isle of Man recently updated its Designated Businesses Registration policy concerning cryptocurrency companies operating in the British Crown dependency. Isle of Man Posts New Requirements The Island’s financial regulators also wish to sanitize the local virtual currency scene, doing away with projects that have zero utility. Details of the policy changes form part of the updated Designated Businesses Registration document published by the Isle of Man Financial Services Authority (IOMFSA) on October 5, 2018.Read MoreThe post Isle of Man Tightens Requirements for Cryptocurrency Businesses & ICOs appeared first on Bitcoinist.com.
