Cryptocurrencies, also known as digital currencies or virtual currencies, are a form of digital money. Bitcoin, which launched in 2008, was the first cryptocurrency, and it remains the best-known. There are now several other cryptocurrencies in existence. A recent survey on behalf of the BPFI (Banking and Payments Federation Ireland) found that 8% of the […]
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Cryptocurrency
How To Buy Bitcoin in Ireland
Bitcoin is a virtual currency or “cryptocurrency” which has been around since 2009. Unlike other “fiat” mainstream currencies such as the US Dollar and the Euro, Bitcoin does not exist in paper or coin form. There is a fixed supply of 21 million Bitcoins. However, it is estimated that only 4.2 million Bitcoins are in constant […]
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Etoro in Ireland
What is Etoro? eToro is an online trading platform that allows the trading of stocks, cryptocurrencies, contracts for difference (CFDs), commodities and currencies.Etoro is available for residents of Ireland to use on the web and on mobile (Apple and Android). This article contains some information on the following: Details of Etoro’s regulation A summary of […]
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Tax on Cryptocurrency in Ireland
In the past couple of years a lot more people in Ireland became interested in crypto assets – such as ‘cryptocurrency’ and Non-Fungible Tokens (‘NFTs’) A 2023 survey for the Banking and Payments Federation Ireland found that 8% of adults aged 18+ in Ireland had invested in Bitcoin or other crypto assets. That equates to […]
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An Introduction to NFTs
Bitcoin was hailed as the digital answer to currency In 2021 and early 2022 NFTs were being touted as the digital answer to collectables, but plenty of sceptics feared they were a bubble waiting to burst. (And it did). Sales of NFTs, or non-fungible tokens, soared to around $25 billion in 2021, leaving many people […]
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