PANews|Mar 11, 2026 03:11
[UK Government Anti-Fraud Strategy Document Lists Cryptocurrency as a 'Growing Risk']
According to Cointelegraph, the UK Home Office has released its 2026-2029 anti-fraud strategy policy document, which lists cryptocurrency as a 'growing risk.' The document states that scams on social media and communication apps are using emerging payment methods like cryptocurrency to lure victims into transferring funds, and authorities still have weaknesses in combating such fraud. The country's National Crime Agency has launched a nationwide campaign in 2025 to help consumers identify fraud, and the government is supporting law enforcement agencies (including the Serious Fraud Office) in enhancing their ability to investigate crypto assets.
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