Russia's Investigative Committee has proposed new legislation that would classify cryptocurrency as property and potentially criminalize its transfer through third parties. The proposed changes aim to establish clear rules on how cryptocurrency can be seized or confiscated during investigations. The committee is specifically targeting the illegal use of third-party bank accounts to facilitate cryptocurrency transactions. The proposal has received mixed opinions from legal experts on whether cryptocurrency falls under the category of electronic payment instruments. The amendments would also set guidelines for freezing, confiscating, and using cryptocurrency as evidence. The changes are seen as an effort to curb the increasing number of cryptocurrency-related crimes, particularly those involving young individuals.
Content Editor ( crypto.news )
- 2025-02-08
Here’s why Russia’s investigating committee seeks regulating Bitcoin as property
