Sunday, December 3, 2023

UK Parliament Cross Invoice to Ease Seizure of Crypto Linked to Crime, Terrorism

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The Financial Crime and Company Transparency Invoice covers a spread of legal actions from drug trafficking to cybercrime and is anticipated to get the King’s approval on Thursday that may put into drive. Provisions within the invoice give broader powers to native cops, and would allow them to seize crypto with legal hyperlinks with no conviction – one thing consultants say would come in useful, particularly in time-sensitive cases.



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