Eurogroup President: EU Plans to Track Cryptocurrency Transfers Under New Anti-Money Laundering Regulations

According to the speech by Eurogroup President Paschal Donohoe, the EU plans to track cryptocurrency transfers. Speaking at the 2025 European Anti-Financial Crime Summit yesterday, Donohoe stated that the EU is working to apply long-standing anti-money laundering regulations to cryptocurrencies. Donohoe is also the Minister for Finance of Ireland. Specifically, the Eurogroup President explained that the EU seeks to "record data on the senders and receivers of funds, which now applies to crypto asset service providers." Donohoe stated that the extension of such anti-money laundering regulations is "crucial," adding that the EU aims to "extend such regulations beyond more traditional forms of financial transfers" and achieve "transparency in crypto asset transfers."