Guernsey is embracing virtual currency, says C&E minister
EFFORTS are being made to ensure Guernsey is at the forefront of the emerging virtual currency industry, Commerce and Employment minister Kevin Stewart has said.
Published
Deputy Stewart said that the dawning of digital currency was already being considered in new legislation being drawn up locally, namely the payment services providers legislation.
He gave the assurances after a group of Isle of Man businesses launched an incubator for digital currency start-ups, following its government's announcement that it would seek to regulate digital currencies in a way that was favourable for companies working with the technology.
