Isle of Man regulation Digital currency businesses will have to comply with the Isle of Man’s anti-money laundering (AML) laws from 1st April and will likely fall under the remit of the Financial Services Commission from the summer.
The Isle of Man government has amended the Proceeds of Crime Act 2008 so it covers bitcoin companies, such as exchanges, operating from the island.
Amendments to the act have been approved and state the following businesses will have […]
