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GSC clarity on virtual currencies is welcome as IOM blockchain boom continues
The Isle of Man government’s open-minded and modern approach to blockchain technologies is already paying dividends, with several cryptocurrency-focused businesses choosing the island as a base and, therefore, boosting the local economy. In 2017, the Gambling Super Commission released Practice Note GSC85 which gave licensees both current, and prospective, guidance on several key points associated […]
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Libra: Should banks be worried?
Facebook Libra — the social media giant’s own cryptocurrency — has been the talk of the industry since it was announced in June. Some have welcomed the fact that one of the most famous companies in the world is adopting blockchain tech, while others have warned that a dangerous game is being played and it’s bad news, not least […]
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FCA update, Facebook Libra and a hint for the future of crypto
The introduction of Facebook Libra has increased the pressure on regulators to take a closer look at cryptocurrencies, according to SolutionsHub COO Nick Wright. The Financial Conduct Authority has moved to “provide clarity” on crypto with the publication of its latest guidelines on cryptoassets. Mr Wright is a director at SolutionsHub, a company specialising in blockchain […]
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EGR Awards; Cryptocurrency Services Supplier 2019
The Isle of Man has become a hotspot for blockchain businesses thanks to its open approach to emerging and transformative technologies, according to an award-winning business in the Island. SolutionsHub, based in Douglas, is a B2B service provider and licensing specialist focused on cryptocurrency companies. SolutionsHub is celebrating “a true honour” after being recognised with […]
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