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Showing posts from May, 2016

CoinCorner Sponsor “Flying Kiwi” Bruce Anstey in the Isle of Man TT 2016 [PRESS RELEASE]

Press Release - Thursday 26th May 2016
CoinCorner Sponsor "Flying Kiwi" Bruce Anstey in the Isle of Man TT 2016
10-time TT winner Bruce Anstey will be backed by bitcoin this year as he prepares to compete in the Isle of Man TT (Tourist Trophy) Races 2016.
Anstey, who is currently signed to Padgett’s Honda Racing Team, will return once again to the world famous Mountain Course, sponsored by local bitcoin exchange, CoinCorner.
Since his debut in 1996, Anstey has secured a place on the podium more than 30 times and is also a former lap record holder, with a time of 17 minutes 6.682 seconds - an average speed of 132.298 mph (212.913 km/h).
Following his success last year, which included first place in the Superbike TT race, Bruce is back and CoinCorner are proud to sponsor him once again.
Phil Collins, Head of Operations at CoinCorner, said:
“Being based on the Isle of Man, we are all huge fans of the TT and are thrilled to be supporting Bruce again this year. He is a very talented ride…

CoinCorner Achieves Designated Business Status [PRESS RELEASE]

Press Release - Thursday 5th May 2016
CoinCorner Achieves Designated Business Status
British bitcoin exchange CoinCorner has announced today that it has been awarded Designated Business status in the Isle of Man.
The title, granted by the Isle of Man Financial Services Authority (IOMFSA), took effect on Wednesday 4th May 2016 after CoinCorner successfully applied to become a Designated Business, following the introduction of The Designated Businesses (Registration and Oversight) Act last year.
The Designated Business Act
The Act came into force on 26th October 2015, after a proposal was put forward to place responsibility on the IOMFSA for the oversight of the adherence of certain businesses and professions to the Island’s anti-money laundering and countering the financing of terrorism legislation.
With the Isle of Man’s acceptance of bitcoin-friendly businesses well documented, Designated Businesses now also include those in “the business of issuing, transmitting, transferring, providing s…