Could digital currencies be the next big thing for the Island’s economy?
The Department of Economic Development thinks so – and has launched a new strategy to foster the industry.
Digital currencies such as Bitcoin have rocketed in popularity around the world, but the Isle of Man is one of the first countries to announce such support.
Peter Greenhill is the Island’s director of e-business development.
He says business which produce, trade in or are otherwise involved in digital and virtual currencies are already on the Island:
Clip 1
Tynwald backs move to bring forward business case for full Douglas Bay Horse Tramway reinstatement
FOI reveals Locate Isle of Man staff costs
Noble's Hospital is safe, insists Manx Care's medical director
Infrastructure minister defends scrapped Ramsey flood defence scheme with no alternative currently planned