#ireland

Ireland has launched a financial crime strategy that includes legal updates aimed at freezing and confiscating crypto assets tied to illicit activity.

Ireland has launched a National Risk Assessment and a 30-point action plan to combat money laundering, terrorist financing, and sophisticated financial crime. Targeting Digital Assets and Crypto Loopholes Ireland announced a sweeping crackdown on financial crime on June 18, unveiling a national strategy that places a major emphasis on targeting the misuse of cryptocurrency and […]

Ireland has placed crypto assets in its highest financial crime risk category. It marks a significant shift in how the country views the rapidly growing sector. Irish authorities identified cryptocurrencies as a very serious danger for both money laundering and terrorist financing in their first specialised digital asset risk assessment

Ireland has identified crypto assets as a “very significant” money laundering and terrorism financing risk and has committed to introducing industry standards governing crypto-related sources of funds by the second half of 2027. According to Ireland’s Department of Finance, the…

For the first time in seven years, the Irish government released an assessment related to digital assets, noting risks from money laundering, terrorism financing, sanctions violations and bribery.

Ireland's enhanced crypto regulations may increase compliance costs, impacting smaller firms' viability and potentially slowing user onboarding. The post Ireland tightens crypto safeguards in new financial crime plan appeared first on Crypto Briefing.

A new National Risk Assessment names crypto-asset misuse among Ireland's top threats, as a 30-point plan tightens checks on crypto funds.