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U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon … Read more
Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director. Go to Source Powered by WPeMatico
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from his Dogecoin holdings. Go to Source Powered by WPeMatico
It is now a criminal offense to operate a crypto firm in Ireland without registering with the Central Bank of Ireland. Go to Source Powered by WPeMatico
Irish police are on high alert due to the rising number of cases related to a bitcoin-related scam targeting high-net-worth people in the country. The situation has become worrisome because suspicious high-value transactions have already been noticed by authorities. Authorities Already Searched One Property Tied to One of the Suspects According to The Irish Times, … Read more
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. Go to Source Powered by WPeMatico
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability. Go to Source Powered by WPeMatico
The Emerald Isle is now a hotspot for talent in tech and a corporate tax haven. Go to Source Powered by WPeMatico
Irish crypto firms will face stricter obligations after the country belatedly adopts the latest EU anti-money-laundering rules. Go to Source Powered by WPeMatico
So long as regulators play ball, Facebook’s Calibra is hoping to create 50 new roles for its workforce in Ireland Go to Source Powered by WPeMatico