The Isle of Man has recently released new guidance for blockchain and digital currency businesses looking to relocate to the country.
Steve Billinghurst, the regulatory lead at the Isle of Man, discusses why enterprises are increasingly becoming interested in setting up their business in the country, among other topics.
The Isle of Man has published blockchain and digital asset guidance that provides regulatory clarity for companies with headquarters in the Isle of Man.
The Isle of Man Blockchain Office and Sandbox (first announced in February this year) are now open and are ready to receive joining applications.
The self-governing British dependency announced a regulatory sandbox for blockchain development as well establishing a Blockchain Office, in a bid to shore up its position as a jurisdiction of choice for the blockchain sector.