Crypto Valley Summit on the Isle of Man
The Isle of Man is back in the news again, as it has been announced that the island will play host to the Crypto Valley Summit this September, as CoinDesk reports.
The event, set for 17th and 18th September, will spotlight a diverse crowd of bitcoin thinkers, government representatives and business leaders will include BTC China founder and CEO Bobby Lee, House of Keys Member John Shimmin and GoCoin CEO Steve Beauregard.
Discussions will focus on local regulation, adoption within the community, and the unique challenges that startups may face in the local economy.
Peter Greenhill, Director of e-Business Development for the the Isle of Man Government’s Department of Economic Development, said that the event provides the community a chance to lay the foundations for what its growing bitcoin economy will look like, stating:
“This is an opportunity to cement the Isle of Man’s reputation as a nimble, well-regulated jurisdiction for cryptocurrencies. The Island has a track record for innovation and high quality service in the financial services industry that will be enhanced by events like this.”
The event will come weeks after the Isle of Man government offered broad clarification of its regulations for digital currency. At the time, the government stated that businesses not classified as money transmitters will be regulated under existing laws.
With the local community moving toward a broader digital currency integration in the months and years, the Crypto Valley Summit is expected to set the course for future bitcoin developments on the Isle.
See also:
Source: http://ecurrency.ec/2014/08/crypto-valley-summit-on-the-isle-of-man/
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