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UK Parliament Pass Bill to Ease Seizure of Crypto Linked to Crime, Terrorism

October 26, 2023
in Cryptocurrency
Reading Time: 1 min read
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UK Parliament Pass Bill to Ease Seizure of Crypto Linked to Crime, Terrorism

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The Financial Crime and Company Transparency Invoice covers a spread of felony actions from drug trafficking to cybercrime and is anticipated to get the King’s approval on Thursday that can put into drive. Provisions within the invoice give broader powers to native cops, and would allow them to seize crypto with felony hyperlinks with no conviction – one thing consultants say would turn out to be useful, significantly in time-sensitive circumstances.

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Tags: billcrimeCryptoeaseLinkedParliamentPassSeizureTerrorism
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