Ireland is excluding cryptocurrencies from a new state-backed savings and investment scheme designed to encourage residents to move cash out of bank accounts into capital markets. Bridging the Deposit Gap Ireland will exclude high-risk financial products, including crypto assets and derivatives, from its new state-backed savings and investment scheme, officials said. According to a local […]
Ireland’s planned investment accounts will offer tax benefits for stocks, bonds and ETFs, while excluding crypto and derivatives as higher-risk products.
Ireland has excluded crypto and derivatives from tax-advantaged investment accounts due to the launch in 2027, while allowing listed stocks, bonds, ETFs and retail investment funds. Ireland’s Department of Finance said in its retail investment roadmap that crypto assets and…