Press release

Minister for Finance gives effect to EU regulation on Markets in Crypto-Assets

Published on 8 November 2024

Last updated on 11 November 2024

The Minister for Finance has signed the Statutory Instrument No 607 of 2024, European Union (Markets in Crypto-Assets) Regulations 2024 - 2024/01986. This Statutory Instrument:

designates the Central Bank of Ireland (CBI) as the National Competent Authority
outlines the administrative penalties and measures for Regulated and non-Regulated Financial Service Providers
specifies the duration of the transition period for firms that provided crypto services before 30 December 2024

The Operational Date/Commencement date of the SI is 8 November 2024 and the regulation is to be published in Iris Oifiúigil next Tuesday.

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Minister for Finance gives effect to EU regulation on Markets in Crypto-Assets

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