UK Introduces Law to Seize, Freeze and Recover Crypto

UK Introduces Law to Seize, Freeze and Recover Crypto


“Domestic and international criminals have for years laundered the proceeds of their crime and corruption by abusing U.K. company structures, and are increasingly using cryptocurrencies,” Graeme Biggar, director general of the National Crime Agency, said in the statement. “These reforms – long awaited and much welcomed – will help us crack down on both.”

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