Republic of Ireland to Prohibit Political Cryptocurrency Donations
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the war in Ukraine. Ireland to Limit Foreign Political Support for Its Parties, Including Crypto Donations The executive power in Dublin is drafting new political integrity rules to limit foreign political donations amid fears that Russia might try to influence Ireland’s electoral....
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Digital currencies have the potential to make politics in Ireland more transparent. That's what political candidate Ossian Smyth thinks, anyway. The hopeful is running for a local election in the Dún Laoghaire town just over 7 miles south of Dublin's city center, and he's making a splash in the crypto-currency community by announcing he's accepting bitcoin for his campaign. This effectively makes Smyth the first in Ireland to do so. Smyth is running for the Green Party, and his experience in the technology field is extensive, having worked for Microsoft and Citibank as an IT consultant.....
A raft of new political and electoral integrity laws proposed in Ireland will see the banning of donations made in crypto to political parties in the country. Donations made to political parties using cryptocurrencies will be banned in Ireland under new political integrity laws drafted due to concerns around foreign interference in politics.Amendments proposed by Minister Darragh O’Brien also cover rules around foreign donations, misinformation, and other transparency requirements for political parties, citing fears of Russian interference in Ireland’s elections.Speaking with the....
How do you get lawmakers to understand the concept of bitcoin and digital currency in the most effective way possible? It's a question that's been answered by BitPay (a bitcoin digital payments processor) and CoinVox (a bitcoin services firm for political organizations). The two companies have teamed together to offer an "all-in-one" solution for political candidates, political action committees and political organizations to easily accept bitcoin donations. The integration will effectively allow political groups to securely accept contributions/donations while remaining compliant with....
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When Paddy and Sean are planning to go out on the St Patrick’s Day in Dublin, where can they change their BTC? In honor of St. Patrick’s Day, CoinTelegraph investigates just how much Ireland had been impacted by Bitcoin. Beer and bread, the Irish way. Although Bitcoin and cryptocurrency news coming from Ireland is somewhat few and far between, it would be wholly unfair to say that Ireland is devoid of the innovative technology. As is well-known across the globe, the Irish have quite the taste for beer, so it is to no one’s surprise that one of Bitcoin’s first commercial uses in Ireland....