Crypto News Ireland covers Bitcoin, Blockchain, ICOs, and other crypto-related topics in the Republic of Ireland. Ireland is becoming an increasingly attractive place for crypto businesses, with Coinbase announcing it will be opening an office in Dublin as part of its EU expansion plans, and the Central Bank of Ireland indicating it will draft urgent new regulations to bring it into line with EU anti-money laundering (AML) and counter-terrorism financing (CTF) standards.Read more :https://theinvestorscentre.com/ie/trading/
The government’s recognition of the value of crypto-related tech is also reflected in new funding for a Blockchain Institute at Trinity College Dublin, and in the launch of a €25 million fund for a fintech accelerator. The Irish Times reports that the funding is a sign of how serious the country is about building its digital economy.
Crypto News Ireland: Latest Updates and Insights
While the term “cryptocurrencies” has become synonymous with risk, the technology can offer a wide range of benefits for society and business. These include reclaiming monetary sovereignty, facilitating the exchange of goods and services without middlemen, and providing access to an alternative global financial system that is not subject to central banking control or corruption.
It is important to remember that cryptocurrency investments are speculative and carry a risk of loss. People should only invest what they can afford to lose and should conduct thorough research before deciding to buy or sell any type of crypto-asset. The Irish tax authority, Revenue Commissioners, has made it clear that crypto assets are subject to Income Tax and Capital Gains Tax in the Republic of Ireland.…