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Ireland Races to Draft Crypto Laws Before EU Rules Hit

  • Ireland is racing to draft new crypto laws before EU rules go into effect on December 30.
  • The upcoming EU regulations aim to strengthen anti-money laundering and counter-terrorism financing standards for cryptocurrency transactions.
  • Ireland, home to major crypto companies like Gemini, Ripple, and Coinbase, aims to align its laws with the new EU rules.
  • The country sees these regulations as crucial for staying ahead in the rapidly evolving world of crypto.

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