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UK Crypto Firms Face 14-Year Prison Risk
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UK Crypto Firms Face 14-Year Prison Risk

From July 17, the UK's IRGC designation makes receiving or retaining IRGC-linked value a criminal offence under section 17C — carrying up to 14 years in prison if a firm knew, or ought reasonably to have known, that a benefit came from the designated body.

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UK's New IRGC Rule Puts Crypto Firms at Risk of 14 Years…