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Source: Isle of Man

The Isle of Man Financial Services Authority (“the Authority”) has recently received a number of enquiries in relation to cryptocurrencies and tokens (convertible cryptocurrencies or “CVCs”). Consequently the Authority has developed a set of FAQs to refresh the public on what CVCs are, what the role of the Authority relative to CVCs is, and what you, as consumers, should be aware of in the use of CVCs. Please follow the link below to the FAQs on this topic and to other related resources.

Consumer FAQs – Cryptocurrency

Consumer matters brochure

Consumer matters – ICO and Cryptocurrency leaflet

AML/CFT Sector Guidance – Virtual Currency Businesses

MIL OSI Global Banks