UK Crime Agency Targets Advanced Crypto Laundering Tactics In New Enforcement Push
TL;DR
- The UK’s National Economic Crime Centre warned about the innovative use of crypto assets for large-scale illicit funds laundering.
- Crypto assets rank third among nine economic crime priorities agreed with the FCA, the Home Office and the Treasury in July 2025.
- A report by think tank RUSI, commissioned by the agency itself, advises against banning crypto privacy tools, considering them counterproductive.
The UK’s National Economic Crime Centre (NECC), a unit of the National Crime Agency (NCA), warned that criminals are making innovative use of crypto products to evade detection and move illicit value at scale, according to its annual report published this week.
Money laundering appears there as an expanding threat, driven by networks that combine traditional and novel methods to move funds through legal and illegal systems simultaneously.
The document notes that many organised crime groups no longer launder their own funds, but instead outsource that function to specialised networks in exchange for fees. In the same section, the agency mentions artificial intelligence as another risk vector, citing the use of synthetic identities and process automation to exploit the banking system.
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