TechFlame News, citing Decrypt, reports that the Irish government has released its first national anti-money laundering (AML) strategy, planning to step up scrutiny of digital asset transfers involving private (self-hosted) crypto wallets and to raise due diligence requirements for crypto firms collaborating with overseas institutions. According to an announcement from the Irish Department of Finance, the strategy implements the remaining requirements of the EU's Transfer of Funds Regulation, requiring crypto asset service providers (CASPs) to carry out "enhanced checks" on transfers involving private wallets, while also imposing stricter customer due diligence when doing business with overseas crypto firms. The measures are grounded in the Financial Action Task Force's (FATF) "Travel Rule," which mandates that digital asset transactions carry sender and receiver information to improve transparency around fund flows. Ireland says the new rules are being rolled out in tandem with the EU's Markets in Crypto-Assets Regulation (MiCA). MiCA establishes a unified regulatory framework for crypto asset service providers. Ireland had previously granted its domestic crypto firms a 12-month transition period, shorter than the EU's maximum allowed 18 months, and that period ended in December 2025, meaning the new requirements now apply directly to firms that have obtained full authorization.