News
Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director.
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Ireland News
Ireland is a unitary parliamentary republic in northwest Europe with an area of 70 thousand kilometers and a population of nearly five million people. Ireland has one of the highest GDPs per capita and human development indexes in the world. Ireland’s liberal economic policies resulted in some of the fastest growths of GDP, domestic investments and technology development in the world. Ireland has issued no regulations on Bitcoin and does not consider it to be legal tender. However, the Revenue Commissioners in Ireland are considering implementing a Bitcoin tax into the taxation system of gains and value-added taxes. Also there no regulations in Ireland on Bitcoin mining and Bitcoin exchange. Ireland’s Blockchain Association helps Irish businesses and policy-makers to apply blockchain technology and has an aim of making Ireland the “most blockchain literate nation.”
- News
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from their Dogecoin holdings.
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It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland.
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Irish companies operating with crypto, and the firms servicing them, will have to adhere to AML and CFT for the first time starting next month.
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Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
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The Emerald Isle is now a hotspot for talent in tech and a corporate tax haven.
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Irish crypto firms will face stricter obligations after the country belatedly adopts the latest EU anti-money-laundering rules.
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Facebook’s Calibra is looking to create 50 new roles for its workforce in Ireland, as the firm seemingly bucks the trend of private-sector layoffs during the coronavirus crisis.
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Coinbase Custody successfully migrated its Tezos Bakery — the largest validator on Tezos’ network — from the United States to Ireland while incurring just one minute of downtime.
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Janet Jackson’s billionaire ex husband, Wissam Al Mana, has demanded that Facebook reveal who placed scam crypto ads on the platform using his image.
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Major U.K. and Ireland-based auction house Wilsons Auctions is putting $125,000 worth of Bitcoin under the hammer later this month.
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Accused Irish drug trafficker Clifton Collins has ostensibly lost the keys for his $56 million worth BTC accounts earlier confiscated by the police.
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An alleged drug dealer lost over $56 million in Bitcoin after the Irish High Court ruled that they were criminal proceeds and should be confiscated.
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Major United States-based cryptocurrency exchange Coinbase established a second Irish firm to expand its crypto custody services to European institutions.
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Cryptocurrency exchange Coinbase is expanding its European foothold with its newly received e-money license from the Central Bank of Ireland.
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