Welcome to ILS World

Cryptocurrencies

A number of key industry players have already chosen the Isle of Man as their preferred jurisdiction, with some 25 crypto companies calling the Islan home.

The Isle of Man continues to embrace and nurture this evolving sector and is working hard to become the jurisdiction of choice for cryptocurrency.

The government has long expressed the desire to develop permissive legislation designed to encourage growth for blockchain and cryptocurrency businesses and the Designated Business Act requires all cryptocurrency business to formally register with the government and submit to inspection by the Isle of Man Financial Services Authority.

Digital currency businesses must comply with the Isle of Man's anti-money laundering (AML) laws and the government amended Proceeds of Crime legislation to cover bitcoin companies operating from the Island.

At ILS World the eGaming and digital team understand the enormous potential of the blockchain and a member of our team worked on gaining the first cryptocurrency/blockchain gambling license in the world.

How ILS World can help:
  • Independent and objective advice

  • Assistance with the complex and demanding licence application

  • Bespoke corporate structuring

  • Company formation and management

  • Foundation registration

  • Banking solutions

  • Trademark and intellectual property protection

  • Company administration

  • Business incubation

  • Accounting, bookkeeping and VAT

  • Assistance with ICOs

  • Provision of AML and CFT manuals.



Group Business Development Director

Richard MacNee
Richard MacNee
Group Business Development Director Isle of Man
Contact Richard MacNee