UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes

The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill, dubbed the ‘Economic Crime and Corporate Transparency Act,’ will expand the authority of local […] The post UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies Used for Illegal Purposes app...