Get the latest news from Manx.News

MLP calls for more transparency in bitcoin industry

Mon, 06 Oct 2014

The Manx Labour Party wants the crypto currency risk assessment to be published.

It's calling on the Economic Development Minister to make the information public to show it's taking a balanced approach to managing the sector as it emerges.

The UK, EU and the USA are reviewing a proposal to impose stricter regulations on bitcoin businesses.

Press officer David Carter says the party isn't against its introduction but would like greater transparency on it's regulation: 

---

Media

• David Carter