Tag: house of lords

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UK Passes Bill to Seize Crypto from Illicit Activities

September 19, 2023

The United Kingdom’s House of Lords has pushed The Economic Crime and Corporate Transparency bill to its final stages of approval. The bill was introduced in September 2022 in a bid to expand the powers of financial authorities in the country to confiscate monetary proceeds from financial crimes including crypto-based heists…. Read More: UK Passes…
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UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

May 11, 2022

Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK Government Plans to Support Crypto Adoption The U.K. government outlined its legislative agenda for the next parliamentary year in the Queen’s Speech delivered…
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