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HomeTagsSeized BTC for UK Fiscal Gap

Seized BTC for UK Fiscal Gap

Seized BTC for UK Fiscal Gap: Officials Warn of Legal Risks

Seized BTC for UK Fiscal Gap has become a focal point of policy debates as officials weigh whether cryptocurrency assets should be siphoned into public finances rather than left in limbo, with stakeholders across departments and regions citing both emergency revenue needs and long-term trust concerns.The saga traces back to a 2018 crackdown on a Chinese-led investment fraud, with roughly 61,000 bitcoins seized and stored while courts and lawmakers dispute their best use, the path to restitution, and the potential benefits and costs to taxpayers, echoing the UK seized Bitcoin 2018 case, as policy momentum builds and opposition crystallizes.

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