UK Parliament Supports Seizure of Terrorist-Linked Cryptocurrencies

UK lawmakers voted in favor of a new bill that would make it easier for law enforcement to seize cryptocurrencies linked to terrorist activities.

Includes reforms in the UK parliament that could help authorities tackle local crime Economic Crime and Institutional Transparency A new proposal was made in the draft law. UK lawmakers for new clauses to make it easier for law enforcement to seize cryptocurrencies linked to terrorist activities voted positively.

After the lower house of parliament voted in favor of changes that would authorize the seizure and freezing of crime-related cryptocurrencies as part of the fight against domestic crime, the provisions of the bill were passed to the country’s current state. reflected in the anti-terror legislation. he called.

Minister responsible for crime and terrorism regulation Tom Tugendhat The new bill is a part of existing counter-terrorism legislation. fills the void expressed. According to Tugendhat’s statements, the current anti-terrorism law only covers confiscation of cash, assets and bank accounts. In addition, Tugendhat risks the risk that cryptocurrencies will increase terrorism with the new version of the law. significantly He also said they expect him to drop.

The changes discussed at the meeting that concern some other regulators and legislatures are: not included in the assessment. The terrorism bill, which was voted in the affirmative, was before it was enacted. It will continue to be examined in parliament.

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