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Ireland halts crypto donations to political parties

Ireland halts crypto donations to political parties

Due to worries about foreign meddling in politics, cryptocurrency donations to political parties will be prohibited in Ireland under new political integrity legislation being created. Minister Darragh O’Brien’s amendments also address rules governing foreign donations , misinformation, and other transparency requirements for political parties, expressing concerns about Russian meddling in Ireland’s elections. In an interview […]

Despite regulatory uncertainties, Binance grows its foothold in Ireland

Despite regulatory uncertainties, Binance grows its foothold in Ireland

Binance has established a new location in Ireland, amidst a burgeoning spot market and tightening regulatory controls.  After forming Binance (Ireland) Holdings last year, the popular cryptocurrency exchange has registered three companies in the previous ten days. The exchange, on the other hand, needed a market boost because it had to shut down operations in […]

PayPal reportedly begins mass hiring of crypto inclined individuals in Ireland

PayPal reportedly begins mass hiring of crypto inclined individuals in Ireland

Global payments company Paypal is looking to hire new hands in Ireland as its involvement in the crypto business expands. This will enable PayPal to expand its crypto-focused business. PayPal, the global payments company, is hiring for many cryptocurrency-related posts at its Ireland headquarters, highlighting the business’s ambitions in the fast-rising digital asset sector. PayPal […]

Irish Banks are pleased with the EU’s anti-money laundering regulations

Irish Banks are pleased with the EU’s anti-money laundering regulations

Banks in Ireland have voiced support for the European Union’s anti-money laundering push, they believe this will affect the crypto space and also disrupt illicit transactions. According to the Irish daily Independent , financial institutions in Ireland have indicated support for plans to revamp the European Union’s anti-money laundering measures. The new AML body that […]