Russian Court Will Be Able to Arrest Crypto Assets

The Ministry of Internal Affairs of the Russian Federation agreed on finalized bills on the regulation of cryptocurrencies regarding the possibility of seizing crypto assets.

According to RIA Novosti with reference to the press service of the department, we are talking about the bills “On Digital Currency” and “On Amendments to Certain Legislative Acts of the Russian Federation in Connection with the Adoption of the Federal Law “On Digital Currency””.

The bills took into account the proposals of the Ministry of Internal Affairs, which relate to the arrest of digital currencies by court order in the framework of criminal proceedings and the creation of a special wallet for storing confiscated and seized assets. But the order of execution of such a court decision has not yet been carried out.

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