UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding

coindesk.com/policy/2023/09/19/uk-crime-bill-lets-cops-freeze-crypto-faster-channels-tainted-assets-to-public-funding

The U.K. is making it easier for cops to chase down crypto linked to crime with a new bill set to be finalized later this year – which policy watchers say could mean faster asset freezes and even some hefty contributions to the country’s public purse.
Right now, tainted crypto assets cannot be seized in criminal proceedings unless there is an arrest or conviction, which…

This story appeared on coindesk.com, .
The Entire Business World on a Single Page. Free to Use →