Written Question·Home Office·UIN 18173

Money Laundering: Cryptocurrencies

Tabled: 5 December 2024
Answered: 11 December 2024
Named Day

Question

Mr Tanmanjeet Singh Dhesi

Labour — Slough

To ask the Secretary of State for the Home Department, what steps she plans to take to tackle money laundering through cryptocurrencies, in the context of the National Crime Agency's Operation Destabilise investigations.

Answer

Dan Jarvis
Cryptoassets can be used illicitly or to launder the proceeds of crime. In April 2024, new powers came into force to search, seize and detain cryptoassets from criminal conduct or terrorist activity or cryptoassets that will be used in criminal conduct or...
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