Written Question · S6W-42913 · Session 6
What its position is on whether weaknesses in tackling cryptocurrency-enabled organised crime risk depriving communities of potential fundi…
The question
To ask the Scottish Government what its position is on whether weaknesses in tackling cryptocurrency-enabled organised crime risk depriving communities of potential funding through the Proceeds of Crime Act 2002 that could otherwise be reinvested in Scotland.
The answer
The Scottish Government is committed to ensuring that cryptocurrency-enabled organised crime is tackled and does not consider that weaknesses in this area risk depriving communities of potential POCA funding.Law enforcement agencies in Scotland are equipped with significant POCA powers. These powers will be further enhanced when new powers for law enforcement to search, seize and detain cryptoassets and cryptoasset-related items come into force on 31 March 2026.The Scottish Government continues to support operational partners to use all available tools to disrupt organised crime, including in the digital and cryptoasset space.We remain committed to reinvesting recovered proceeds of crime to benefit young people and communities across Scotland. The Cashback for Communities Programme, funded through POCA receipts, will continue to invest in projects which support activity for young people at risk of becoming involved in anti-social and criminal behaviour. Phase 7 of the Programme, running from April 2026 to March 2029, will receive up to £26 million of funding, which is an increase of £6 million from Phase 6.
In the Official Report
No contribution in the Official Report cites S6W-42913 by reference.