Ireland’s Central Bank Governor calls for ban on crypto ads targeting young adults: Report
Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults. Go to Source Powered by WPeMatico
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Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults. Go to Source Powered by WPeMatico
Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank which means the company can “provide products and services to individuals and institutions in Europe and … Read more
Operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup. Go to Source Powered by WPeMatico
Adults in Ireland have become slightly less interested in crypto with a drop in ownership from 12% to 10% in the last year. Go to Source Powered by WPeMatico
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
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
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
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
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
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