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.
Bank deposits rose over past year
The amount of money deposited in Island banks has risen over the past year, according to the Financial Service Authority's latest statistics.
Innovation and Investment forum expands to Island
A new innovation and investment network is being launched in the Island.
Conister Bank boosts local charity with record donation
Conister Bank has surprised The Children's Centre by donating a new minivan.
Paragon Recruitment merges with HR company
A Douglas recruitment firm says it's completed a management buyout and merged with a HR company.
Number of settlement agreements with regulator triples
The number of settlement agreements reached between people and the Gambling Supervision Commission's nearly tripled in the past year.
Trade stand applications open for Royal Show
Fancy setting up a trade stand at this year's Royal Manx Agricultural Show?
Island to be represented at major Spanish egaming event
Digital Isle of Man will be in Barcelona this month at a huge egaming event.
Sign-ups for Graduate Fair now open
Registrations are now open for the 2026 Young Adult and Graduate Fair.
