Ireland’s AML Strategy Targets Private Crypto Wallets

Ireland's move matters less as a crypto-specific crackdown than as a signal that EU member states are folding private wallets into mainstream AML frameworks, treating self-custody as a higher-risk category rather than an exempt one. Firms handling overseas crypto counterparties face the sharper edge, since cross-border due diligence is where compliance costs and fragmentation tend to concentrate. The open question is whether this national strategy stays aligned with broader EU rules or adds a stricter local layer that firms must navigate separately.