After the Bahamas, Jamaica would pilot test central bank digital currency. Roll-out expected in early 2022.
Ireland will impose anti-money laundering and countering the financing of terrorism requirements for digital currency firms starting April 2021.
Conor Freeman, 21, was handed the sentence at Dublin Circuit Criminal Court, which will see him jailed for 2 years and 11 months.
The Cabinet of Ireland gave their approval to a bill that transposes the criminal justice aspects of AMLD5 into national law.
AIB said its concerns stem from a delay in importing the Fifth Anti-Money Laundering Directive (5AMLD) into domestic law.
The Dublin-based cryptocurrency exchange shut down last week, but customers claimed its issues had started much earlier.
Deloitte and the Institute of Banking has a blockchain for educational information, but then someone figured out it could double for staff credentials.
The Belfast City Council announced that they would be the using a digital currency specifically catered to their local community to help businesses and residents in the city.
The economic uncertainty has led many to believe that cryptocurrency might be able to play a role, since traditional currencies might not be able to stabilize through the crisis.
Ireland's cabinet has accepted the Fifth Anti Money Laundering Directive put forward by the European Union, creating more oversight for cryptocurrencies.