Financial Services
Dail Éireann — 2026-06-25
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Cian O'Callaghan (SD), Dublin Bay North

The other key gap is the national risk assessment identified serious issues and significant risks with regard to crypto assets, yet the action plan only has two measures on such assets and misses a whole range of risks.
It misses, for example, any scrutiny of peel chains where criminals break large crypto amounts into small, tiny transfers to hide the trail. It misses any analysis of unhosted crypto wallets that are not tied to any regulated provider making transparency harder to trace, as well as any mention of the use of crypto to buy high-value goods, which is a common laundering method. It is fine to have the action plan and references to crypto but key crypto issues identified in the national risk assessment plan are missing from the action plan altogether. Why are they missing? Why are they not being addressed? Is the Tánaiste not concerned about these things, which were seriously flagged in the national risk assessment? How come they are not reflected in the action plan? Why have them in the national risk assessment but not in the action plan? How did that happen and why?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-06-25/debate/main
Retrieved: 2026-08-27T06:54:51+00:00
Sitting date: 2026-06-25