Republic of Ireland to Prohibit Political Cryptocurrency Donations

April 20, 2022 Bitcoin.com

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The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the war in Ukraine. Ireland to Limit Foreign Political Support for […]

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BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

October 25, 2021 Bitcoin.com

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As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto […]

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Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies

September 17, 2021 Bitcoin.com

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Investors in Ireland are attracted to digital opportunities offering better returns and often find them online, a new survey has indicated. According to the poll, 11% of investors have already bought a digital asset and a quarter of the young Irish are betting on cryptocurrencies. Low Interest Rates, Search for Long-Term Returns Push More Irish […]

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UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland

August 8, 2021 Bitcoin.com

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British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto companies. Standard Chartered to Provide Crypto Custody to Institutions in Ireland Zodia Custody, […]

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Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology

July 31, 2021 Bitcoin.com

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Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives. Don’t Ignore the Positive Elements of Crypto Technology, Central Bank […]

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Crypto Companies Establish Presence, Hire Talent in Ireland

July 25, 2021 Bitcoin.com

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With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players now looking to hire local talent. Major Crypto Companies Set Up European […]

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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

June 1, 2021 Bitcoin.com

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U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […]

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