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ARTICLE · 27 OCTOBER 2021

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Guide To Blockchain & Cryptocurrency Regulation 2022

Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

Dillon Eustace is one of Ireland’s leading law firms focusing on asset management and investment...

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The Irish Government has been keen to demonstrate its support of the development and adoption of new technologies, including blockchain, as a way to encourage digitalisation and foster innovation.

IrelandTechnology

Government attitude and definition

The Irish Government has been keen to demonstrate its support of the development and adoption of new technologies, including blockchain, as a way to encourage digitalisation and foster innovation. In a paper issued in December 2019 entitled "International Financial Services Strategy 2025" (IFS2025), the Irish Government stated its commitment to developing Ireland as a global leader in the financial services sector and announced measures aimed at demonstrating Ireland's credentials as an EU centre of excellence for distributed ledger technology (DLT). In its "Action Plan for 2021", launched under the IFS2025, the Irish Government committed to establishing a new Department of Finance Fintech Working Group. The Working Group will develop Ireland's policy positions in response to the EU's Digital Finance Package, coordinate the approach to fintech across the Department, and will engage with external stakeholders to encourage

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