{"id":74292,"date":"2026-06-20T05:47:52","date_gmt":"2026-06-20T05:47:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ireland-targets-crypto-assets-in-new-strategy-to-disrupt-illicit-cash-flows\/"},"modified":"2026-06-20T05:47:52","modified_gmt":"2026-06-20T05:47:52","slug":"ireland-targets-crypto-assets-in-new-strategy-to-disrupt-illicit-cash-flows","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ireland-targets-crypto-assets-in-new-strategy-to-disrupt-illicit-cash-flows\/","title":{"rendered":"Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">On Thursday, Ireland\u2019s Finance Minister, Simon Harris, launched a 30-point action plan to combat Irish money laundering and fraud.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Crypto-assets and global financial networks face tougher regulations to halt digital illicit cash flows.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">An Garda S\u00edoch\u00e1na and the Central Bank will continuously update enforcement policies through 2026.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Targeting Digital Assets and <span>Crypto<\/span> Loopholes<\/h2>\n<p>Ireland announced a sweeping crackdown on financial crime on June 18, unveiling a national strategy that places a major emphasis on targeting the misuse of <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> and digital finance by increasingly sophisticated criminal networks.<\/p>\n<p>The new initiative, which includes a National Risk Assessment and a 30-point action plan, was launched by T\u00e1naiste and Minister for Finance Simon Harris and Minister for Justice Jim O\u2019Callaghan. Officials <a href=\"https:\/\/www.gov.ie\/en\/department-of-finance\/press-releases\/protecting-people-protecting-business-protecting-ireland-t%C3%A1naiste-and-justice-minister-launch-new-initiative-to-combat-financial-crime-fraud-and-money-laundering\/\" target=\"_blank\" rel=\"noopener noreferrer\">said<\/a> the package is specifically engineered to close loopholes created by emerging technologies, with crypto-assets identified as a primary front in the country\u2019s defense against <a href=\"https:\/\/news.bitcoin.com\/trm-labs-reveals-concentrated-illicit-networks-as-stablecoins-exceed-1-trillion-monthly-volume\/\">illicit cash flows<\/a>.<\/p>\n<p>Under the new plan, Ireland will implement <a href=\"https:\/\/news.bitcoin.com\/ireland-moves-to-draft-urgent-legislation-for-cryptocurrency-regulations-ahead-of-eu-deadline\/\">enhanced safeguards<\/a> around crypto-assets to prevent their use in money laundering, fraud, and terrorist financing. The government plans to enforce tougher oversight on digital finance platforms alongside increased transparency around corporate ownership.<\/p>\n<p>\u201cCriminals are becoming increasingly sophisticated, exploiting technology, operating across borders and adapting rapidly to change,\u201d Harris said during the announcement. \u201cGovernment cannot stand still in the face of these threats.\u201d<\/p>\n<p>Harris emphasized that tech-driven financial crimes carry severe human costs. \u201cFinancial crime is not a victimless crime,\u201d he said. \u201cBehind every fraud, scam and money laundering operation, there are real victims \u2014 older people losing their savings, families being defrauded and communities harmed by criminal activity.\u201d<\/p>\n<p>The risk assessment warns that Ireland\u2019s global financial networks are facing evolving threats. In addition to stricter <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">cryptocurrency<\/a> <a href=\"https:\/\/news.bitcoin.com\/only-25-40-days-to-get-a-mica-license-lets-decode-the-actual-timeline\/\">regulations<\/a>, the 30-point plan introduces tougher anti-money laundering measures within the gambling sector, boosts intelligence sharing between state agencies, and mandates closer coordination among financial crime, tax, and customs investigators.<\/p>\n<p>O\u2019Callaghan said the roadmap provides a practical blueprint to keep Ireland\u2019s regulatory and enforcement responses agile enough to match the pace of technological change.<\/p>\n<p>\u201cThis National Risk Assessment provides a comprehensive picture of the threats we face and the actions required to address them,\u201d O\u2019Callaghan said, noting that the strategy will unify efforts across regulators, industry, and law enforcement.<\/p>\n<p>Enforcement of the new policies will involve joint operations between government ministries, the Central Bank, Ireland\u2019s tax authority, and An Garda S\u00edoch\u00e1na, the national police force. Officials noted that the regulatory framework for digital assets will be continually updated to ensure Ireland remains a secure jurisdiction for international business.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/ireland-targets-crypto-assets-in-new-strategy-to-disrupt-illicit-cash-flows\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways On Thursday, Ireland\u2019s Finance Minister, Simon Harris, launched a 30-point action plan to combat Irish money laundering and fraud. Crypto-assets and global financial networks face tougher regulations to halt digital illicit cash flows. An Garda S\u00edoch\u00e1na and the Central Bank will continuously update enforcement policies through [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":74293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74292"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74292"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74293"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}