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Tag: UK

UK to Introduce New Bill Allowing Confiscation of Crypto Assets Tied to Crimes

UK to Introduce New Bill Allowing Confiscation of Crypto Assets Tied to Crimes

UK introduces new bill allowing confiscation of crypto assets tied to crimes. Enhancing law enforcement’s ability to freeze and recover assets associated with money laundering, drug trafficking, cybercrime, and terrorism. Concerns remain about offshore asset movement.

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