Ireland Bans Crypto as New Investment Rules Take Shape

TLDR

• Ireland plans to exclude cryptocurrencies and complex derivatives from its new personal investment accounts launching in 2027.
• Eligible assets will include listed shares, bonds, ETFs, retail investment funds, and some insurance-based investment products.
• The government will reveal the tax-free threshold, annual levy, and contribution limits in Budget 2027 this October.
• Investments held inside the accounts will not face Ireland’s eight-year deemed-disposal tax rule.
• Account providers will calculate and pay any tax due directly to the Revenue Commissioners for investors.

Ireland plans to exclude cryptocurrencies from new state-backed personal investment accounts due to launch in 2027. The policy means Ireland bans crypto from the scheme while allowing listed shares, bonds, exchange-traded funds and other regulated investments.

The government wants the accounts to encourage households to move more savings from cash deposits into capital markets. Officials will announce the tax threshold, annual levy and contribution limit in Budget 2027 this October.

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