Post
Topic
Board Speculation
Re: New powers to seize cryptoassets used by criminals go live
by
philipma1957
on 26/04/2024, 23:43:34 UTC
Wow, UK's a real shit place huh?


Quote
UK law enforcement will be able to destroy a crypto asset if returning it to circulation is not conducive to the public good. Privacy coins, for example, are a form of cryptocurrency that grant an extremely high degree of anonymity and are often used for money laundering.


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

that is a hurt ful law.

monero and grin will suffer bigly.