The government of Ireland published a comprehensive anti-money laundering strategy, detailing how the country would address digital assets potentially used for illicit purposes.

In a Thursday notice, Ireland’s government released its first National Anti-Money Laundering, Countering Financing of Terrorism and Countering Proliferation Financing Strategy. The document included proposed reforms on cryptocurrency-related policies related to strengthening Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFTC) measures.

“The bulk of this has been implemented with these final elements introducing new anti-money laundering obligations for crypto-asset service providers, requiring enhanced checks on transfers involving…