Ireland Now Requires Crypto Firms to Comply With AML and KYC Rules

https://decrypt.co/69223/ireland-now-requires-crypto-firms-to-comply-with-aml-and-kyc-rules

"The EU’s Fifth Anti-Money Laundering Directive (#5AMLD) was transposed into Irish law—meaning that #crypto firms operating in the country now need to register with the central #bank."

#Bitcoin  #BTC #Ireland 🇮🇪 #EU #Europe #Exchange #BitcoinExchange #Exchanges #KYC #AML #AMLKYC #CTF #CentralBank #Regulation #Compliance #Financialinstitution #VirtualAssetServicesPovider #VASP #DecryptMedia

Wallet firm Wirex pauses new user sign-ups amid crypto register delay

https://www.theblockcrypto.com/linked/99194/wallet-wirex-pauses-new-users-crypto-register-delay

"Temporarily halted signing up new customers in the United Kingdom following a 'constructive dialogue' with the #Financial Conduct Authority, the regulator."

"3.5 million users globally."

"The decision to pause new sign-ups was voluntary."

"Aims to strengthen its compliance protocols, bringing them into line with the Fifth Anti-Money Laundering Directive (#5AMLD)."

#Bitcoin  #Wirex #UK