The Irish government has announced that cryptocurrencies will not be part of a new savings and investment program scheduled for launch in 2027. This program will focus on traditional investment vehicles such as stocks, bonds, funds, ETFs, and insurance products but will explicitly exclude cryptocurrencies, derivatives, and interest-bearing cash accounts.
With the aim of redistributing a segment of the €175 billion ($203 billion) currently held by Irish households in bank deposits, the government plans to disclose further details regarding tax incentives and annual contribution limits on October 6.
