Ireland Tightens Crypto Safeguards in New Financial Crime Action Plan

Decrypt Editorial

(12:29 PM UTC)

1 min read

In brief

Ireland's government launched a new National Risk Assessment and 30-point action plan Thursday, naming the misuse of crypto-assets among the country's evolving financial-crime threats.
The plan promises "enhanced safeguards around crypto-assets and digital finance," including a new industry standard requiring due diligence to verify that crypto used as a source of funds is legitimate.
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COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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