Latest Central Bank of Ireland News

Cryptocurrency coins and smartphone on table

Business 30 January 2023

Ireland central bank governor calls digital currencies ‘gambling,’ likens them to Ponzi schemes

Echoing BoE Governor Andrew Bailey, Irish central bank's Gabriel Makhlouf warns about the volatility of digital currencies and has called for a ban on advertisements tied to these assets.

Frontal view of the Central Bank of Ireland on Dublins Docklands.

Business 29 March 2022

Ireland central bank warns against ‘misleading’ digital asset ads

The Central Bank of Ireland issued its fresh warning on digital assets this week as part of Europe-wide campaign to educate investors on the risks that they face if they choose to invest in the asset class.

The Irish Central Bank Building at North Wall Quay

Business 30 April 2021

Irish digital currency firms now obliged to register with central bank

Companies considered to be Virtual Asset Service Providers (VASPs) are now required to adhere to the same rules as other regulated financial companies in Ireland.