I S L E O F M A N / SPONSORED EDITORIAL
GIVING BITCOIN AN INFORMED
AND PRAGMATIC WELCOME
EGAMING REVIEW CAUGHT UP WITH PETER GREENHILL, HEAD OF EGAMING AT
THE ISLE OF MAN'S DEPARTMENT OF ECONOMIC DEVELOPMENT, TO DISCUSS
THE EXPANDING CRYPTOCURRENCY INDUSTRY ON THE ISLAND
A
PETER GREENHILL
t CEO OF EGAMING
t ISLE OF MAN
DEPARTMENT OF
ECONOMIC DEVELOPMENT
Peter has 18 years
of gaming industry
experience having held
executive management
positions at Cyberview
Technology, Betex, TCS
John Huxley and EssNet
rguably more so than any other topic,
Bitcoin (and cryptocurrencies more
broadly) has become the most talked
about phenomenon in the gaming world in 2014.
The Isle of Man feels very much at the centre
of this technological advancement. In June last
year, after an intensive period of investigations,
the Isle of Man announced plans for a regulatory
framework for cryptocurrencies. We hosted the
inaugural Crypto Valley Summit on the island in
September, attended by more than 170 Bitcoin
entrepreneurs, enthusiasts and government
representatives. By the end of 2014 we had
close to 30 cryptocurrency businesses based
on the island, including currency exchange and
payments engines CoinCorner, GoCoin and
"WITH DIGITAL CURRENCIES PROPERLY LEGISLATED,
THE GAMING SECTOR CAN BEGIN TO TAKE
ADVANTAGE OF INSTANTANEOUS AND VERY
LOW-COST TRANSFERS THAT CRYPTOCURRENCIES
WILL ENABLE, IN A SAFE AND SECURE WAY"
t PETER GREENHILL
tDEPARTMENT OF ECONOMIC
DEVELOPMENT, ISLE OF MAN
BankToTheFuture. We even have corporate
service providers, accountants and our local pub in
Douglas, The Thirsty Pigeon, that 66WB&