Will Ireland become an “ideal place” for international blockchain companies?

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Will Ireland become an “ideal place” for international blockchain companies?

The Irish government agency for attracting foreign investment (IDA) intends to launch an online platform for the development of the country’s digital economy. The Blockchain Ireland project will become a kind of advertising for the country as an “ideal place” for international blockchain companies.

“We regard blockchain as an area with enormous potential. The initiative will strengthen this technology in Ireland and our reputation as a global blockchain center of excellence, “said IDA’s Information Technology Director Keith Fingleton.
The initiators of the project are the Irish expert group on the blockchain (IBEG), IDA, the Ministry of Finance, the state agency for the development of exports, entrepreneurship and innovation, and Ethereum-ConsenSys.

Let’s note, Ireland positions itself as one of the world hubs for technology companies and attracts investors with low interest rates and loyal taxation. A number of start-ups based in the country have developed such blocking applications as Circle, AidTech and Arc-Net.

It is worth noting that many financial institutions outside the U.S.A. started to prohibit BTC transactions with plastic cards, including Ireland and UK. Pantera Capital CEO, Dan Moorehead, commented that, “there’s such an institutional appetite to get exposure to this. It’s a half a trillion dollar asset class that nobody owns. That’s a pretty wild circumstance.” Financial and economic traders are earning great money with crypto through CME’s BTC cash-settled futures.

Exchange traded volume this week has been led by U.S. Dollar Tether (USDT), U.S. Dollar (USD), and Japanese Yen (JPY) trading pairs.

Nowadays the BTC financial picture is mainly neutral, backed with high time spent. Technical indicators, like the Ichimoku Cloud, Exponential Moving Averages (EMA), Relative Strength Index (RSI), Pitchfork, and other table trends facilitate to determine entry and exit points, as well as the state of the trend.

  • bitcoinBitcoin$3,995.29
  • ethereumEthereum$136.82
  • rippleXRP$0.310611
  • tetherTether$1.00
  • eosEOS$3.66
  • stellarStellar$0.107378
  • litecoinLitecoin$60.62
  • cardanoCardano$0.063611
  • tronTRON$0.023915
  • moneroMonero$52.33
  • iotaIOTA$0.311050
  • nemNEM$0.050585
  • dashDash$90.35
  • neoNEO$9.29
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