Golden Finance reported that the British government announced a bill to make it easier for law enforcement agencies to seize, freeze and recover cryptocurrency assets used in criminal activities such as money laundering, drugs and cybercrime. The Act aims to build on the earlier Economic Crime (Transparency and Law Enforcement) Act, which helped regulators impose sanctions on Russia and freeze relevant assets in the country. Regulators have been worried that some Russians have been using cryptocurrencies to escape the sanctions imposed after the invasion of Ukraine. (Coindesk)