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Eurogroup chairman: EU plans to track cryptocurrency transfers under new anti-money laundering regulations

Internet reports that according to remarks by Eurogroup Chairman Paschal Donohoe, the EU plans to track cryptocurrency transfers. Speaking at the 2025 European Anti-Financial Crimes Summit yesterday, Donoghue said that the EU is committed to applying long-standing anti-money laundering regulations to cryptocurrencies. Donoghue is also Ireland's Finance Minister. Specifically, the Eurogroup chairman explained that the EU seeks to "record data on senders and recipients of funds, which now applies to crypto asset service providers." Donoghue said such an extension of anti-money laundering regulations was "critical", adding that the EU wanted to "extend such regulations beyond more traditional forms of financial transfers" and achieve "transparency in the transfer of cryptoassets."

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