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 […]
Continue reading…
NFT
Tax on Cryptocurrency in Ireland
A lot more people in Ireland are getting 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 around 300,000 people. Some people […]
Continue reading…