Belarus Authorities Will be Able to Confiscate Crypto

The Ministry of Justice of Belarus established a “procedure for the recovery of digital currencies within the framework of enforcement proceedings”, according to which the confiscation of digital assets will be carried out.

According to the press service of the department, accounting for seized or arrested cryptocurrencies should be carried out by the bodies conducting the criminal process.

According to the resolution signed on April 14, the procedure for collecting cryptocurrencies will be carried out, including during the confiscation of the debtor’s property, after which the assets can be evaluated and sold as part of enforcement proceedings.

The document was adopted to implement the decree on the creation of a register of bitcoin wallets used in illegal activities.

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