Uk crypto articles
-
UK authorises police to seize illicit crypto without arrests
UK police now have powers to seize, freeze or destroy criminal crypto holdings. It follows new legislation that comes into effect today, April 26, 2024. Reforms to help UK’s national security, said Home Secretary James Cleverly. Law enforcement officials in the United Kingdom can now seize, freeze or destroy crypto assets deemed to be illicit […]
-
New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today – Regulation Bitcoin News
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […]
-
UK Finance CEO: FCA's name and shame plans will harm UK competitiveness
Improving transparency is well and good, but the FCA's name and shame plans will damage innocent firms, writes UK Finance CEO David Postings.