Ireland Targets Crypto Transfers in National Anti-Money Laundering Strategy

Ireland has published its first national strategy for combating money laundering, terrorist financing, and proliferation financing. The strategy outlines the government's priorities for the 2026-2030 period and identifies stronger oversight of crypto-assets and transfers as a key objective.

The plan aims to strengthen anti-money laundering controls through improved regulation, enforcement capacity, and international cooperation. Ireland also plans to complete the national implementation of the EU Transfer of Funds Regulation by 2030.

The regulation requires crypto-asset service providers to ensure that information about the originator and beneficiary accompanies transfers handled by regulated intermediaries. Providers must maintain risk-based procedures for identifying missing or incomplete information, including assessing whether customers own or control self-hosted addresses.