The Financial Services Authority says it's temporarily suspended the licence of a Douglas-based fintech company.
Blackfridge is headquartered in Athol Street and specialises in blockchain, stablecoins and digital currencies.
On its website, the FSA says it's temporarily suspended the company's money transmission services licence.
The organisation added Blackfridge has agreed to the suspension being made.
Gas companies who breach regulations could be fined £20k a day
New laws could mean gas companies who breach regulations could be fined £20,000 a day.
How is the government helping businesses pay living wages?
What's being done to help businesses pay the living wage on the Island?
Island egaming company says it will accept Trump cryptocurrency as payment
An Isle of Man egaming company says it will take US president Donald Trump's new cryptocurrency as payment.
Local businesses could get their piece of £2.4 million of funding
From April local businesses will be able to apply for funding from the government to improve their shops.
Junkbox pop-up event is back!
An island based vegetarian food service is bringing back a pop-up event on this week.
New barbeque restaurant opening in Douglas today!
Douglas is getting a brand new barbeque restaurant today.
Beauty in the eye of the beholder at new business!
A new business has opened that shows the beauty in the eye of the beholder.
Peel ice cream parlour cutting its hours
An ice cream parlour on Peel promenade has announced it will be closing earlier over the next few weeks.
