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Cryptopolitan 2024-02-13 16:30:34

Isle of Man contemplates tighter regulation for crypto firms amidst public consultation

The Isle of Man, renowned for its status as a self-governing British Crown dependency and a hub for offshore financial activities, has initiated a public consultation to revamp its regulatory framework concerning cryptocurrencies. To address Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) concerns, the local Financial Service Authority (FSA) has unveiled a discussion

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