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Economic Crime And Corporate Transparency Act 2023

Part 4 – Cryptoassets

Section 179: Cryptoassets: confiscation orders

  1. This section introduces Schedule 8, which amends POCA to make provision in connection with cryptoassets and confiscation orders.

Section 180: Cryptoassets: civil recovery

  1. This section introduces Schedule 9, which amends POCA to make provision for a civil recovery scheme in relation to cryptoassets.

Section 181: Cryptoassets: terrorism

  1. This section introduces Schedule 10, which amends ATCSA and TACT to make provision for a civil recovery scheme in relation to cryptoassets, mirroring that being inserted into Part 5 of POCA by Schedule 9 of this Act.

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