Isle of Man to Introduce Tighter Crypto Business and ICOs Requirements

Isle of Man to Introduce Tighter Crypto Business and ICOs Requirements

The Designated Business Registration policy has been updated by the Isle of Man Financial Services Authority (IOMFSA) as an effort to combat financial crimes involving cryptocurrencies and ICOs. The Isle of Man Financial Services Authority (IOMFSA) will not be registering any business involving cryptocurrencies unless the companies have met the requirements set by them.

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