"UK Law Enforcement Gains Expanded Authority to Confiscate Crypto Assets"
TL;DR Summary
UK law enforcement is set to gain increased powers to seize cryptocurrency assets related to criminal activities, including terrorism, as provisions in the 2023 Economic Crime and Corporate Transparency Act move closer to implementation, allowing for the civil recovery regime for crypto and crypto asset confiscation orders to come into force on April 26.
Topics:business#asset-seizure#cryptocurrency#cryptocurrency-law-enforcement#economic-crime-and-corporate-transparency-act-2023#law-enforcement#uk
- UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets CoinDesk
- UK Authorities Will Have Power To Confiscate Crypto Assets From the Public by End of April The Daily Hodl
- Cryptoassets: a veil of secrecy no longer? Dentons
- Law Commission Consults on Draft Legislation Relating to Digital Assets JD Supra
- UK authorities will soon have fewer restrictions when seizing crypto Cointelegraph
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