'New path' to business
Initial Coin Offerings - or ICOs - are hot in the financial technology press at the moment, with many specialists labelling it as a new path to fresh-faced business.
In layman's terms, ICOs are a way for companies to raise money using cryptocurrency, effectively eclipsing venture capital rounds as a source of fund-raising for start-ups.
The Isle of Man Government says it's copied the Island's current crypto framework, and added a layer of regulation to accommodate ICOs.
The Department of Economic Development's Fintech and Digital Development boss, Brian Donegan, told Tanya Humbles it has laid out the welcome mat:
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