Ireland excludes crypto from new tax-advantaged investment accounts

Ireland’s planned investment accounts will offer tax benefits for stocks, bonds and ETFs, while excluding crypto and derivatives as higher-risk products. Ireland’s Department of Finance has unveiled plans for a new tax-advantaged investment account to encourage more retail investing, but crypto will be excluded from the preferential structure alongside derivatives, underscoring regulators’ ongoing cautious approach to digital assets. 

In a roadmap published Monday, the department said the accounts will allow investments in stocks, bonds, exchange-traded funds and other investment funds. Crypto assets and derivatives will be excluded, with the government classifying them as “highly complex and risky” products.

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