The Island of Man is seeking to diversify further its economy, especially its e-commerce sector, including online gaming, which already accounts for more than 20% of the Isle of Man’s annual gross domestic product. The Isle of Man government is planning to make the island an important hub for Bitcoin , with 25 companies working with digital currencies and blockchain technologies calling the island home . The Manx government has created and passed a regulatory framework covering digital banking in less than a year .
The Isle of Man government is planning to make the island an important hub for Bitcoin , with 25 companies working with digital currencies and blockchain technologies calling the island home . The Manx government has created and passed a regulatory framework covering digital banking in less than a year .