Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I move amendment No. 3:

In page 6, to delete lines 24 to 31 and substitute the following: "'virtual asset' means a digital representation of value that can be digitally traded or transferred and can be used for payment or investment purposes but does not include digital representations of fiat currencies, securities or other financial assets;

'virtual asset service provider' means a person who by way of business carries out one or more of the following activities for, or on behalf of, another person:

(a) exchange between virtual assets and fiat currencies;

(b) exchange between one or more forms of virtual assets;

(c) transfer of virtual assets, that is to say, conduct a transaction on behalf of another person that moves a virtual asset from one virtual asset address or account to another;

(d) custodian wallet provider;

(e) participation in, and provision of, financial services related to an issuer's offer or sale of a virtual asset or both;

but does not include a designated person that is not a financial or credit institution and that provides virtual asset services in an incidental manner and is subject to supervision by a national competent authority, other than the Bank;".".