UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

Bianca Echa

UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

The provisions from the 2023 act that will come into force shortly include the civil recovery regime for crypto plus the crypto asset confiscation orders that allow authorities to take crypto-related items, defined as “an item of property that is, or that contains or gives access to information that is likely to assist in the seizure … of any crypto asset,” the legislation said.

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