Global Stock News

Ireland ‘Tightened Screws’ on Crypto Market for the First Time over Money Laundering Risks

Ireland ‘Tightened Screws’ on Crypto Market for the First Time over Money Laundering Risks

  • Ireland is changing the rules for cryptocurrencies.
  • The country has developed a new strategy to combat financial crime.
  • The authorities are tightening AML oversight.

Ireland unveiled the country’s first-ever National strategy to combat money laundering, terrorist financing, and the financing of the proliferation of weapons of mass destruction. The document предусматривает, among other things, tighter rules for crypto assets and transactions to make it harder to use digital assets to move illicit funds.

Simon Harris, Ireland’s deputy prime minister and minister for finance, presented the strategy. According to the government, the document sets out…

Source link

Share this article

Scroll to Top