UK: NEW POWERS TO SEIZE CRYPTOASSETS USED BY CRIMINALS GO LIVE

On 26 April, the Home Office reported that that greater powers for the National Crime Agency and police to seize, freeze and destroy cryptoassets used by criminals have come into force. 

https://www.gov.uk/government/news/new-powers-to-seize-cryptoassets-used-by-criminals-go-live

https://www.gov.uk/government/publications/search-seizure-and-detention-of-property-england-and-wales

https://www.gov.uk/government/publications/seizure-detention-and-forfeiture-of-terrorist-property-code-of-practice

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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