The UK government anti-fraud strategy document lists cryptocurrencies as a "growing risk"

ZkProver · 2026-03-11T05:48:53+00:00

The UK Home Office has released a strategy to combat fraud, listing cryptocurrencies as a "growing risk," noting that social media scams are exploiting emerging payment methods, and calling for enhanced enforcement capabilities to address related fraud.

ZkProver

2026-03-11 05:48:53

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ChainCatcher reports that, according to Cointelegraph, the UK Home Office has released a strategic policy document for 2026 to 2029 to combat fraud, listing cryptocurrencies as a “growing risk.”

The document states that scams on social media and messaging apps are enticing victims to transfer funds through emerging payment methods like cryptocurrencies, and authorities still have weaknesses in tackling such fraud. The National Crime Agency has launched a nationwide campaign in 2025 to help consumers identify scams, and the government is supporting law enforcement agencies (including the Serious Fraud Office) to enhance their investigation capabilities in crypto assets.

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