UK Police Lobbying for New Laws Allowing Them to Freeze Cryptocurrencies

UK police are lobbying the government to change the laws to allow them to freeze cryptocurrencies.

Mick Gallagher, a retired detective chief superintendent at the Metropolitan Police, explained that the laws on freezing assets are outdated, therefore cryptocurrencies, including bitcoin, could not always be frozen or seized by the police.

But there is no such thing as an account in the world of cryptocurrency as they use wallets.

Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

…Read the full story