Central Bank of Ireland approves qualified exposure to crypto assets

Mark Battersby
clock • 1 min read

The Central Bank of Ireland (CBI) has advised Irish Funds that they have approved in principle a Qualifying Investor Alternative Investment Fund (QIAIF') with a low level of exposure to cash settled Bitcoin futures traded on the CME.  This is the first type of indirect crypto exposure approved for a QIAIF. For the time being, QIAIFs, which propose exposure to crypto assets, are required to make a submission to the Central Bank as set out under their Q&A.   In a statement, Irish Funds said the central bank's approach in relation to crypto assets will be kept under review and will co...

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