The Irish government plans to launch a tax-advantaged savings and investment account for all adult tax residents next year, but crypto assets will be excluded from the eligible investment options. Derivatives and interest-bearing cash are also not allowed, while stocks, bonds, funds, ETFs, and insurance products can be included. The initiative aims to channel part of the approximately €175 billion (around $203 billion) in Irish household bank deposits into the investment market. Specific tax-free limits, annual contribution caps, and tax rates will be announced in the October 6 budget. (Decrypt) https://(wublock123.com)/news/ireland-excludes-crypto-from-new-tax-advantaged-savings-67511