UK government‘s long-term fraud strategy labels crypto as ‘growing risk‘

The UK Home Office’s new "Fraud Strategy 2026–2029" officially classifies the cryptocurrency ecosystem as a category of "increasing risk" to national economic security. Backed by a £250 million investment, the strategy aims to combat "pig-butchering" and social media scams by launching a dedicated Online Crime Centre in April 2026 to enhance on-chain investigation and asset seizure capabilities.