The United Kingdom Government presented a new crime bill on Tuesday that, if approved, aims to help agencies for the law to recover money from cryptomials.
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The Project of Crime and Surveillance Law of the Ministry of Interior presents measures that establish how to assess the destructive cryptographic property, in the event, the law application agencies required that it will be destroyed if the conditions of how the courts can recover funds and extend the powers of the country’s crown court in terms of confiscation orders cannot be sold.
“This bill will strengthen the capacity of the criminal justice system to prosecute those who have benefited from criminal activity,” said a corresponding information sheet.
This bill is based on the Law on Economic Crime and Corporate Transparency that was applied in 2023 and allowed the police to freeze and take advantage of the fastest cryptography.
Read more: The United Kingdom’s crime bill allows police to freeze crypto
