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A bill that aims to expand the ability of authorities in the United Kindom to target illicit cryptocurrency usage has been pushed to the final stages for approval by the House of Lords. The Economic Crime and Corporate Transparency Bill was introduced in September 2022 and primarily aims to tackle crypto-related
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The U.K.'s Economic Crime and Corporate Transparency Bill, which will help law-enforcement agencies seize and freeze crypto used for crime, took a step closer to entering the statute book after being passed by Parliament’s upper chamber on Tuesday. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied During a session in the House of Lords, lawmakers in the upper house of the United Kingdom Parliament voiced their support for the Financial Services and Markets Bill. The bill aims to bolster the nation’s financial services
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The Bank of England, in common with central banks of almost every other major economy across the world, is exploring a potential CBDC as a means of addressing the decline in the use of cash, expediting the implementation of monetary policy and future-proofing fiat currencies from the rise in use
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