Discussion paper on virtual currencies and blockchain technology.
Working Group to monitor cryptocurrency developments established within Department of Finance
The Irish Government, Minister for Finance and Public Expenditure & Reform, Paschal Donohoe T.D, published discussion paper on virtual currencies and blockchain technology, and announced the creation of an internal working group to monitor further developments.
The discussion paper comprises an overview of virtual currencies and the blockchain technology supporting them; summarises actions taken by selected countries around the world; and sets out the key risks and opportunities these technologies present.
The discussion paper concludes with a recommendation to establish an internal working group to coordinate the Department’s engagement in this area, both locally and abroad.
A copy of the Department of Finance's Press release of 22 March 2018 is here.
A copy of the Central Bank of Ireland's Initial Coin Offering Alert of December 2017 is here