Ireland just rolled out its first national AML strategy targeting crypto.
Key changes:
• Enhanced checks on private wallet transfers
• Stricter due diligence for firms dealing with overseas crypto companies
Another jurisdiction tightening the noose. If you're moving size through Irish entities or using Irish-regulated exchanges, expect more KYC friction and possible delays on withdrawals.
Regulatory creep continues. Plan accordingly.
Key changes:
• Enhanced checks on private wallet transfers
• Stricter due diligence for firms dealing with overseas crypto companies
Another jurisdiction tightening the noose. If you're moving size through Irish entities or using Irish-regulated exchanges, expect more KYC friction and possible delays on withdrawals.
Regulatory creep continues. Plan accordingly.