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New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest firs...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today
A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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