The Isle of Man offers a uniquely cost-efficient and supportive environment for Digital Asset Custody (“DAC”). The regulatory environment ensures the industry is crime-free while providing a conducive framework in supporting growth.
DAC providers face challenges with fiat banking, unsupportive regulations, single-license concentration risk, and compliance and operational costs. The Isle of Man solves these challenges.
One can register as a Designated Business with the Financial Services Authority (“FSA”) and conduct legitimate business in a safe, supportive, zero tax jurisdiction with a clean international reputation.