The UK Introduces New Rules to Restrict Illicit Use of Cryptocurrencies

In a crucial development in crypto regulation, the United Kingdom introduced Statutory Instrument documentation in a bid to freeze crypto assets involved in criminal activities. As per estimations, the amended rule will be effective from April 26, 2024. According to the document released on February 29, the Economic Crime and Corporate Transparency Act 2023 has The post The UK Introduces New Rules to Restrict Illicit Use of Cryptocurrencies appeared first on Coin Edition .