Ireland’s New AML Strategy Brings ‘Enhanced Checks’ on Private Crypto Wallets
Ireland's first anti-money laundering strategy imposes enhanced checks on private crypto wallets and stricter due diligence for firms dealing with overseas crypto companies.
Ireland has unveiled its first anti-money laundering strategy targeting cryptocurrency, introducing enhanced checks on private crypto wallets. The policy also mandates stricter due diligence for firms that transact with overseas crypto companies. The measures aim to close regulatory gaps and combat illicit finance linked to digital assets, aligning Ireland with broader EU AML directives.