ALMOST one in five people now own cryptocurrency in this country, with huge levels of interest in acquiring a digital currency. Some 58pc of Irish people who do not own cryptocurrency are interested in learning more or are likely to acquire it in the next 12 months. Getting an Irish licence allows Gemini to issue electronic money which it currently does in the UK though an authorisation from there. The survey found Irish crypto buyers are holding their cryptocurrency for long-term gains, and 39pc are actively trading their crypto. Gemini’s head of Ireland and Europe Gillian Lynch said the survey reveals that Irish people have a strong appetite for crypto.

Source: Irish Independent April 04, 2022 06:40 UTC