Regulatory Bodies
CBI — CASP authorization, VASP registration, AML supervision. Coinbase and Gemini chose Ireland as EU base.
Operating Models
0/9 verdictsCan specific business models operate in Ireland? Each card answers the operational question for one kind of operator. Curated cells reflect counsel-grade review; AI-generated cells should be confirmed before relying on them.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
No verdict yet — falls back to topic articles below.
Primary Legislation
| Law / Regulation | Year | Scope |
|---|---|---|
| MiCA Regulation (EU) (2023) | 2023 | MiCA Regulation (EU) (2023) — CASP authorization, comprehensive crypto regulation |
| Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (amended) (2021) | 2010 | Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 (amended) (2021) — Pre-MiCA VASP AML registration |
| Central Bank of Ireland International Financial Sanctions: https://www.centralba | 2026 | Central Bank of Ireland International Financial Sanctions: https://www.centralbank.ie/regulation/how-we-regulate/interna... |
| EU Crypto Regulation and Ireland Compliance: https://www.binance.com/en/square/p | 2026 | EU Crypto Regulation and Ireland Compliance: https://www.binance.com/en/square/post/14988785377977[2] |
Licensing Requirements
CBI — CASP authorization, VASP registration, AML supervision. Coinbase and Gemini chose Ireland as EU base.
No "top 20" ranking exists in sources; lists are unranked.[6] **https://thebanks.eu/list-of-vasps/Ireland**[6]
For complete/current data, use the Firm Search with VASP/AML filters.[6]
A third-party PDF reports 22 VASPs as of Q4 2024 but lacks extractable details here.[web:3 from DuckDuckGo]
Central Bank of Ireland International Financial Sanctions: https://www.centralbank.ie/regulation/how-we-regulate/international-financial-sanctions[5]
Ireland Global Sanctions Guide: https://ezine.eversheds-sutherland.com/global-sanctions-guide/ireland[6]
OFAC Virtual Currency FAQs: https://ofac.treasury.gov/faqs/topic/1626[7]
EU Crypto Regulation and Ireland Compliance: https://www.binance.com/en/square/post/14988785377977[2]
Central Bank of Ireland Crypto Regulations 2026: https://www.lightspark.com/knowledge/is-crypto-legal-in-ireland[3]
AML/KYC Requirements
**Customer Due Diligence (CDD/KYC):** VASPs must conduct CDD, including identifying customers, verifying identities, understanding transaction purposes, and assessing risks, as outlined in Part 4 of the Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010 to 2021. This involves stricter **KYC** obligations like user identity verification and real-time monitoring, with no anonymous crypto transactions allowed[1][2][5].
**Suspicious Transaction Reporting:** VASPs must monitor transactions for suspicious activity related to money laundering or terrorist financing and report to the relevant authorities, with enhanced mechanisms under WCTR empowering financial intelligence units to suspend suspicious crypto transfers[1][2][5].
**Record-Keeping Obligations:** VASPs must maintain records of transactions, CDD, and monitoring to demonstrate compliance with AML/CFT rules[2].
**Industrial Development Authority (IDA)**: Attracts investment and leads Blockchain Ireland initiative.[2]
**European Securities and Markets Authority (ESMA)**: Develops standards/guidelines for consistent EU application and consumer warnings.[2]
**European Banking Authority (EBA)**: Sets standards for stablecoins and AML risk management.[2]
Travel Rule
No verified facts yet. 5 unverified fact(s) in explorer
Tax Reporting
No verified facts yet. 1 unverified fact(s) in explorer
Custody Requirements
Custody regulation data collection in progress.
Stablecoin Regulation
No verified facts yet. 13 unverified fact(s) in explorer
Securities Classification
Securities classification data collection in progress.
Sanctions & Restrictions
No verified facts yet. 4 unverified fact(s) in explorer
Research & Articles
Regulatory Forecast
high confidenceLikely enforcement action expected around 2026-06-21
Based on 37 historical regulatory events for Ireland, averaging every 15 days, with increasing regulatory activity.
Recent Updates
No "top 20" ranking exists in sources; lists are unranked.[6] **https://thebanks.eu/list-of-vasps/Ireland**[6]
No "top 20" ranking exists in sources; lists are unranked.[6] **https://thebanks.eu/list-of-vasps/Ireland**[6]
Prohibiting transactions with blocked persons or entities[5]
Prohibiting transactions with blocked persons or entities[5]
Reporting blocked assets to OFAC immediately[6]
Reporting blocked assets to OFAC immediately[6]
Screening against OFAC's SDN List and EU sanctions lists
Screening against OFAC's SDN List and EU sanctions lists
Understanding that sanctions obligations apply to digital currency addresses, which can appear on the SDN List[1]
Understanding that sanctions obligations apply to digital currency addresses, which can appear on the SDN List[1]
**Central Bank of Ireland (CBI)**: Designated National Competent Authority (NCA) under MiCAR for authorizing/supervis...
**Central Bank of Ireland (CBI)**: Designated National Competent Authority (NCA) under MiCAR for authorizing/supervising Crypto-Asset Service Providers (CASPs), enforcing AML/CFT for VASPs, and issuing consumer warnings.[2][4][5]
**Markets in Crypto-Assets Regulation (MiCAR)**: EU Regulation published 9 June 2023; applicable to ARTs/EMTs from 30...
**Markets in Crypto-Assets Regulation (MiCAR)**: EU Regulation published 9 June 2023; applicable to ARTs/EMTs from 30 June 2024 and CASPs from 30 December 2024. Irish implementation: **S.I. No. 607/2024 - European Union (Markets in Crypto-Assets) Regulations 2024** (published 12 November 2024), designating CBI as NCA for issuance, custody, trading platforms/exchanges.[4]
**Adoption and Effective Date**: Adopted via the EU recast FTR, effective December 2024. Ireland, as an EU member, im...
**Adoption and Effective Date**: Adopted via the EU recast FTR, effective December 2024. Ireland, as an EU member, implements this uniformly, with the Central Bank of Ireland overseeing supervision.[1][2]
**Penalties for Non-Compliance**: Not detailed in sources for Ireland specifically; EU-wide AML frameworks apply gene...
**Penalties for Non-Compliance**: Not detailed in sources for Ireland specifically; EU-wide AML frameworks apply general administrative fines, but many jurisdictions (59% with laws) lack Travel Rule-specific enforcement as of 2025.[3]
Summary conviction: fine up to EUR 5,000 and/or six months imprisonment
Summary conviction: fine up to EUR 5,000 and/or six months imprisonment
Conviction on indictment: fine up to EUR 10 million or three times the value of goods exported, and/or five years imp...
Conviction on indictment: fine up to EUR 10 million or three times the value of goods exported, and/or five years imprisonment[6]
Central Bank of Ireland International Financial Sanctions: https://www.centralbank.ie/regulation/how-we-regulate/inte...
Central Bank of Ireland International Financial Sanctions: https://www.centralbank.ie/regulation/how-we-regulate/international-financial-sanctions[5]
Ireland Global Sanctions Guide: https://ezine.eversheds-sutherland.com/global-sanctions-guide/ireland[6]
Ireland Global Sanctions Guide: https://ezine.eversheds-sutherland.com/global-sanctions-guide/ireland[6]
Central Bank of Ireland Crypto Regulations 2026: https://www.lightspark.com/knowledge/is-crypto-legal-in-ireland[3]
Central Bank of Ireland Crypto Regulations 2026: https://www.lightspark.com/knowledge/is-crypto-legal-in-ireland[3]
**Regulator Name:** Central Bank of Iran (CBI)
**Regulator Name:** Central Bank of Iran (CBI)
Who really pays for Ireland? What the facts tell us about Leo Varadkar's rural-urban divide
Who really pays for Ireland? What the facts tell us about Leo Varadkar's rural-urban divide
This profile is maintained by AI research workers and updated regularly. Connect via MCP for programmatic access.