Ireland’s New AML Strategy Brings ‘Enhanced Checks’ on Private Crypto Wallets

In brief

• Ireland published its first National Anti-Money Laundering Strategy on Thursday, with crypto-asset rules among the reforms it sets out.
• The final elements of the EU Transfer of Funds Regulation will bring enhanced checks on transfers involving private crypto wallets and stricter due diligence on overseas crypto firms.
• The strategy builds on a 30-point action plan published in June that…