Lawmakers in the U.K. have voted in favor of granting authorities wider powers to seize property containing information that can help identify crypto assets related to crime. camomileshumba reports
Lawmakers in the U.K. voted on Tuesday to grant authorities wider powers to seize property containing information that can help identify crypto assets related to crime.already included rulesNew amendments accepted by lawmakers in the House of Commons seek to give local law enforcement powers to also seize “crypto asset-related items,” which are items of property that contain or give access to information that could help assist in the seizure of targeted crypto assets.
“We should prioritize tightening regulation and enforcement by cracking down on the widespread use of such assets to defraud individuals and undermine our national security,” said Stephen Kinnock, the LabourThe U.K. National Police Chiefs' Council, a law enforcement coordination body, has said it“millions of pounds worth of cryptocurrency assets,” and has crypto tactical advisors in police departments all over the country.
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