Russia is seeking a legal framework for the sale of bitcoin seized from criminal activity ⋅ Crypto World Echo
Russia is close to selling Bitcoin During the criminal investigations, officials are working to create a legal structure to deal with these digital assets, local media RBC I mentioned.
According to the report, the Russian Federal Federal Service, in coordination with other government agencies, leads efforts to convert encryption to government revenues.
Dmitry Aristoff, head of the Pairif Federal Service, confirmed that the authorities are developing a legal and operational mechanism to convert the seized bitcoin into state revenues.
The initiative is expected to start with a high -level case that involves a former official that caught in the cryptocurrency scandal.
In June 2023, Russian investigators discovered that Marat Tambev, who chaired the investigation committee in the Tafarskui region, was one day I accepted a bribe from 1,032.1 BTC. At that time, the value of the hidden was approximately $ 28 million.
The court ruled that Bitcoin’s possessions were obtained in Tambon through unspecified sources and was sentenced to 16 years in prison and a fine of 500 million rubles.
Despite the condemnation, Russian officials still move on how to confiscate and sell digital assets legally.
Aristoff explained that the discussions are continuing to determine how the state can sell the seized bitcoin, noting that there are no legal paths that exist to confiscate encryption assets. Steps:
“During the criminal case, bitcoin currencies were found. Now we are working with the relevant authorities to develop a methodology to implement this type of financial tool.”
At the same time, this development contrasts with the recent moves by the United States.
Last month, President Donald Trump It signed an executive order to create a Bitcoin Strategic Reserve that prevents the country from selling its BTC holdings. Instead, the United States government plans to build this reserve through direct purchases and asset sources.
Russia, however, takes more Cautious. Deputy Finance Minister Vladimir Colettev recently repeated that the country has no intention to add encrypted currencies to its national reserves, noting its extreme fluctuations and unexpected price fluctuations.
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