UK Governments Fraud Strategy Paints Crypto as Growing Risk

In brief

• In a new Fraud Strategy 2026 to 2029 document, the UK government has highlighted the “growing risk” posed by cryptocurrency.
• The report noted that crypto is increasingly part of “routine activity,” but pointed to its role in facilitating investment fraud.
• Blockchain analysis firm Chainalysis argued that crypto’s transparency has created a “powerful flywheel” by which criminal activity can be tracked and tackled.