Since 2024, UK authorities have halted transactions amounting to £6 million ($7.76 million) in cryptocurrency from illegal profits. The largest single order was £1.5 million ($1.94 million) from a Coinbase wallet, reflecting new measures to address crypto-related crime.

The UK government is intensifying efforts to counteract money laundering by enhancing enforcement capabilities. A recent legislative proposal aims to improve the confiscation of illegal crypto proceeds, signaling a proactive stance in regulating the crypto space.