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UK Lawmakers Support Easy Seizure of Crypto Linked to Terrorist Activity

1 min read Original Link

Lawmakers in the U.K. voted in favor of new rules that could make it easier for law enforcement agencies to seize crypto linked to terrorist activity.

The rules were proposed as amendments to the Economic Crime and Corporate Transparency bill, which includes reforms that can help authorities combat local crime.

The same lawmakers in the House of Commons, the parliament's lower house, had already voted in favor of amendments that would give powers to local enforcement to seize, freeze and recover crypto tied to crime. At the second reading of the bill on Oct. 13, they called to mirror these measures in the country’s existing counter-terrorism legislation as well.

(by Camomile Shumba)

# Crypto # UK

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