Ireland is preparing to keep cryptocurrencies out of a government-designed personal investment account scheduled for launch in 2027, according to a ChainCatcher report. The planned account would let savers invest in listed stocks, bonds, and exchange-traded funds, but crypto and derivatives are set to remain outside the pool of eligible assets. In the government’s retail investment taxation roadmap, both are classified as highly complex and high-risk products. The new account will include a tax-free threshold that has not yet been determined, while amounts above that level would face a low tax rate based on average annual value. Investments held inside the account would also be exempt from Ireland’s current deemed-disposal regime, which taxes unrealized gains every eight years at 38%. Account providers, not savers, would calculate, report, and remit taxes to the Irish tax authority. No minimum contribution, holding period, or lock-up period is planned. The asset list follows a European Commission recommendation issued in September 2025, which called for excluding high-risk and complex derivatives and cryptocurrencies, while allowing tokenized financial instruments. Tax rates, thresholds, and annual contribution caps are expected to be set in the 2027 budget due in October.
Ireland is preparing to exclude cryptocurrencies from a government-designed personal investment account that is scheduled to launch in 2027, according to ChainCatcher. The account would allow savers to invest in listed stocks, bonds, and exchange-traded funds.
In the Irish government’s retail investment taxation roadmap, cryptocurrencies and derivatives are categorized as 「highly complex and high-risk products」 and are not included among eligible assets.
Tax details have not been finalized
The new account will have a tax-free threshold that has yet to be determined. Amounts above that threshold would be taxed at a low rate based on average annual value. Investments held in the account would not be subject to the current deemed-disposal regime, under which unrealized gains are taxed every eight years at 38%.
Account providers would be responsible for calculating, reporting, and paying taxes to the Irish Revenue Commissioners. Savers would not face minimum contribution requirements, holding periods, or lock-up restrictions.
Eligible asset list follows EU guidance
The product list follows a recommendation issued by the European Commission in September 2025 on savings and investment accounts. That recommendation excluded high-risk and complex derivatives and cryptocurrencies, but made an exception for tokenized financial instruments.
Tax rates, thresholds, and annual contribution caps are expected to be set in the 2027 budget, which is due to be released in October.
Irish households hold a large share in cash and deposits
Research from the Central Bank of Ireland shows that 38% of Irish household financial assets are held in cash and deposits, above the European Union average of 30%.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
