Search results for Central Bank of Ireland
Crypto
Ireland to exclude cryptocurrencies from tax-incentivised investment account from 2027
Ireland will exclude cryptocurrencies from a new investment account that will be available to all adults from 2027, keeping the tax-incentivised product focused on traditional financial instruments. The retail investment tax roadmap classifies crypto, alongside derivatives, as high-risk and highly complex, and also excludes interest-bearing cash. The account will be limited to one per eligible resident adult with a PPS number, with annual contribution caps. Tax parameters will be set on Oct. 6.
Crypto
Ripple invests in Zylo and Liquido to expand tokenised capital markets
Ripple has made strategic investments in UK-based Zylo and Liquido as part of a push to expand tokenised capital markets. It plans to introduce regulated transfer agency functions, issuance and collateral mobility on the XRP Ledger, aiming to reduce idle collateral and broaden the use of tokenised financial assets. Zylo provides transfer agency asset solutions for asset managers, while Liquido is regulated by the UK Financial Conduct Authority.
Crypto
OKX Europe CEO says 80 percent of unlicensed MiCA exchanges to exit after July 1
OKX Europe CEO Erald Ghoos warned that 80 percent of crypto exchanges that are not authorised under the EU’s MiCA regime will not survive. The European Securities and Markets Authority will ban unauthorised firms from serving EU customers from July 1. Ghoos said 60 percent of European crypto users rely on platforms without MiCA authorisation and most of them have no way to obtain approval.
