UK Plans New Economic Crime Strategy for Cryptocurrencies & Blockchain

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The UK government has published a new economic crime strategy to tackle the following financial ailments:

Fraudulent transactions & money laundering online.
Electronic corruption & bribery.
With improvements to the current measures such as:

A new regime to prevent the use of crypto assets in illicit activity.
Reform and overhaul of the suspicious activity reports regime.
Extra asset-recovery powers to seize the proceeds of crime.
More details are expected to be released in the coming days.