UK passes bill to enable authorities to seize Bitcoin used for crime By Cointelegraph
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© Reuters.
Lawmakers in the United Kingdom have passed legislation allowing authorities to seize and freeze cryptocurrencies like (BTC) if used for illicit purposes.
According to official data on the U.K.’s parliamentary acts website, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, meaning the bill would complete all the parliamentary stages in both houses of parliament.
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© Reuters.
Lawmakers in the United Kingdom have passed legislation allowing authorities to seize and freeze cryptocurrencies like (BTC) if used for illicit purposes.
According to official data on the U.K.’s parliamentary acts website, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, meaning the bill would complete all the parliamentary stages in both houses of parliament.
Continue Reading on Cointelegraph
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