Crypto banking in Ireland: what founders should expect
Ireland offers a stable and regulated environment for crypto businesses, but founders must handle a complex licensing process and limited local banking options. Understanding the Central Bank of Ireland's expectations is key to success. CRYPTO LICENSE GUIDE · 2026 Crypto banking in Ireland: Crypto licensing across 15+ jurisdictions CONSULTING24.CO The regulatory framework for crypto in Ireland Ireland regulates crypto asset service providers under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, as amended. This requires VASPs to register with the Central Bank of Ireland and comply with anti-money laundering and counter-terrorist financing obligations. The Central Bank has been cautious, with a low approval rate for registrations, reflecting its rigorous approach. From 2026, the Markets in Crypto Assets Regulation (MiCA) will apply directly across the EU, including Ireland. MiCA will harmonize rules for crypto asset issuers and service providers, intro...