EU and 8 countries sign Warsaw Protocol adding crypto assets to criminal proceeds convention

The significance here is less the signing than the venue: folding virtual assets into an existing mutual-legal-assistance framework signals that crypto enforcement is shifting from national rulebooks toward cross-border cooperation on seizure and confiscation. It matters most for VASPs operating across these jurisdictions, who now face a convention built for tracing and recovering proceeds, not just registration duties. The open question is implementation — how signatories translate the protocol into domestic seizure powers and whether the UK, now outside the EU, stays aligned in practice.