Virtual currencies are now being traded in Ireland.
In March 2018, the Reserve Bank of Ireland (RBI) introduced virtual currency trading and trading on its website.
The Reserve Bank said it is now offering virtual currency for trading on the exchange of Euro or other currencies.
A virtual currency is a currency issued by a central bank that can be exchanged for or against one or more currencies.
The currency exchange platform allows users to purchase, sell and trade virtual currencies, which can then be exchanged and converted into fiat currency.
The RBI said it had not received any complaints from users of the platform.
A number of countries including Australia, Brazil, Russia and South Africa are using the platform to trade virtual currency.RBS said the exchange is designed to provide users with easy and convenient access to the currency markets, with no minimum purchase or selling prices.
The exchange is also available to international customers in the UK, US, Canada and Europe, but customers can use the site in any country, RBS said.
Online marketplaces and other digital currency trading platforms have sprung up across the globe.
In November 2016, the New York-based exchange Coinbase raised $40 million in a $1 billion deal with Coinbase.
In February 2017, Ripple announced it was raising $25 million in funding led by Goldman Sachs and Union Square Ventures.