Russia Moves to Legalize Crypto Seizure in Crime Cases

The Russian Ministry of Justice has drafted a new bill that treats cryptocurrencies such as Bitcoin as assets that can be seized and confiscated, allowing law enforcement agencies to seize storage devices and apply for injunctions to block transactions in order to simplify confiscation procedures, address legal loopholes, and ensure the security of digital assets.

Russia Introduces Bill Classifying Bitcoin and Crypto as Property for Seizure Under Criminal Code

The Russian Ministry of Justice has introduced a new bill aiming to classify Bitcoin and other cryptocurrencies as property under the Criminal Code

Russian Ministry of Justice Proposes Crypto Seizure Framework – Is a Russian Bitcoin Reserve Next? - Bitcoinsensus

Russian Ministry of Justice proposes crypto seizure framework, including the involvement of technical experts to evaluate preservation measures — is a Russian Bitcoin reserve next? More on the Potential Legislation from the Russian Ministry of Justice Let’s examine in more detail what this initiative is about – though, for many, it may already feel familiar, similar to how such measures are handled in the U.S. Deputy Minister of Justice of the R…

Russia Moves to Legalize Crypto Seizure in Crime Cases

The post Russia Moves to Legalize Crypto Seizure in Crime Cases appeared on BitcoinEthereumNews.com. Regulations Russia is preparing new legislation that would allow law enforcement to seize digital assets like Bitcoin in criminal cases. The move comes as the country modernizes its legal tools to combat financial crimes involving cryptocurrencies. Deputy Justice Minister Vadim Fedorov announced the bill during a national legal forum focused on e…

Russia moves to seize crypto: new bill classifies Bitcoin as property

Russia is making a crucial step to prepare laws that would allow for the seizure of crypto assets.

Russia drafts bill to treat Bitcoin, digital currencies as property for seizure

Russia's move to classify digital currencies as property for seizure could enhance legal frameworks but may also stifle crypto innovation. The post Russia drafts bill to treat Bitcoin, digital currencies as property for seizure appeared first on Crypto Briefing.