Tag: expanded powers

  • UK grants law enforcement expanded powers over crypto assets

    UK grants law enforcement expanded powers over crypto assets

    The United Kingdom has recently passed ‌legislation that grants law enforcement agencies expanded powers over‌ crypto assets. This move comes as part of a larger effort‌ to combat financial crime and money ‍laundering activities that often involve the use of cryptocurrencies. Under the new regulations,​ UK authorities will have the ability to seize and forfeit…