Seanad debates

Wednesday, 19 June 2024

Automatic Enrolment Retirement Savings System Bill 2024: Committee and Remaining Stages

 

10:30 am

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I move amendment No. 64:

In page 53, between lines 24 and 25, to insert the following: “Cryptocurrency

72. (1) The Authority shall ensure that the assets of a relevant AE provider scheme are not directly or indirectly invested in cryptocurrency or in portfolios which are exposed to cryptocurrencies.

(2) In this section—
“cryptocurrency” means any form of digital currency that is not regulated, and in relation to which encryption techniques are used to regulate the generation of units of currency and verify the transfer of monies.”.

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