Gemini receives virtual asset service provider license in Ireland
New York-based crypto exchange Gemini opened its local office in Dublin, Ireland, last year. Now, it is granted with a VASP license. Go to Source Powered by WPeMatico
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Republic of Ireland to Prohibit Political Cryptocurrency Donations
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 … Read more
Ireland bans political crypto donations on foreign interference fears
A raft of new political and electoral integrity laws proposed in Ireland will see the banning of donations made in crypto to political parties in the country. Go to Source Powered by WPeMatico
Ireland’s central bank follows UK’s example in warning of crypto advertisements
The central bank warned people to be mindful of “the risks of misleading advertisements, particularly on social media, where influencers are being paid to advertise crypto assets.” Go to Source Powered by WPeMatico
Gemini receives license to provide electronic money services in Ireland
The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA. Go to Source Powered by WPeMatico
Central Bank of Ireland nixes crypto funds: Too difficult ‘for a retail investor’
The central bank feels that there is too much risk for retail investors who lack the expertise needed to trade crypto, but professional investors are welcome to continue trading. Go to Source Powered by WPeMatico
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
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 … Read more
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin … Read more
Survey: 1 in 10 Irish Investors, Quarter of Young People Hold Cryptocurrencies
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 … Read more
UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland
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, … Read more
