UK Legislators Approve Crypto Confiscation Framework
In the United Kingdom, a bill has successfully passed through the legislative chambers, providing law enforcement with the authority to seize and freeze cryptocurrencies associated with criminal activities.
On this page
In the United Kingdom, a bill has successfully passed through the legislative chambers, providing law enforcement with the authority to seize and freeze cryptocurrencies associated with criminal activities.
Awaiting the royal assent, this bill is crucial as it grants police the capacity to act independently without a formal conviction, an element deemed essential by specialists for lengthy legal proceedings.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
