The UK government has updated its proceeds of crime and terror legislation, making it easier for UK law enforcement to investigate, seize and recover illicit cryptoassets.
The National Crime Agency's (NCA) national assessment centre estimates that illicit crypto transactions linked to the UK are likely to have reached at least £1.2 billion in 2021, if not significantly higher.
This is due to organised criminals, including drug dealers, fraudsters and terrorists, using cry...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
