Can Facebook save Crypto

For a long time Cryptocurrency appeared to be dying a slow death. The initial hype around it had dissipated, thousands of people across the globe had lost money, some very large amounts, with regulators and governments content to leave the technology rot. Now, out of nowhere, Cryptocurrency has a new lease of life given to […]

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What’s happening with Ripple ?

In the last 5 days there has been a massive price surge in the price of Ripple. What’s going on ? Speculation is mounting that the team behind Ripple are about to launch a commercially available service called xRapid. This service will allow Banks and other financial entities to make extremely quick foreign exchange transfers […]

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How Cryptocurrency is taxed in Ireland

After some delay the Irish taxation service, the Revenue Commissioners, have finally issued guidance on how they see Cryptocurrency being taxed in Ireland. This is very helpful to everyone who has bought, sold and held Cryptocurrency in the last 12 months in particular. The guidance states: As with any other activity, the treatment of income […]

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Cryptocurrency and War

The world can be a volatile place. In recent weeks we have seen increased levels of political instability in the Middle East, tension between the United Kingdom and Russia along with an acceleration in the ferocity of several ongoing conflicts in Africa. For most of the readers of this article, the events above are distant […]

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The Dangers of backing an ICO

2017 was a big year for Cryptocurrency with the value of most major coins growing enormously over the past 12 months. Investors from all over the world recognised the potential of Cryptocurrency as a game changer and decided to get involved. Investment was not limited to the coins themselves but also the underlying Blockchain based […]

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How is Bitcoin regulated in Ireland?

This is a question that usually gets a simple answer. That answer being that Bitcoin is not regulated in Ireland. However whilst that may be the formal position of the government and regulatory authorities, that is not always the case in reality. The Official Position The Central Bank of Ireland regulates the Irish financial services […]

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The IMF view on Crypto is wrong

This month the head of the International Monetary Fund, Christine Lagarde, published an article which will not be welcome reading for supporters of Crypto. In essence the article painted Cryptocurrency as purely a conduit for illegal activity with no positive attributes. If this really does represent the view of such an important supranational body then fears […]

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