UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

Date:

Share post:



UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

The provisions from the 2023 act that will come into force shortly include the civil recovery regime for crypto plus the crypto asset confiscation orders that allow authorities to take crypto-related items, defined as “an item of property that is, or that contains or gives access to information that is likely to assist in the seizure … of any crypto asset,” the legislation said.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

Where to Have Breakfast in Barcelona Like You Actually Live There

Barcelona mornings have a particular rhythm. Shops open late,...

Samson Mow says bitcoin bottom is in, but analysts remain divided

Mow is not the first to argue that bitcoin's traditional four-year cycle has changed. After bitcoin climbed...

Six US Cities Worth Living In for a Month (or More)

Modern travel is shifting toward slower, more deliberate experiences....

Grayscale’s Pandl Says Strategy’s $3B Bitcoin Sale Could Restore Confidence

Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion...