Russia Drafting Law on Confiscation of Crypto Assets

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. Russia is preparing amendments to the current legislation to allow for the confiscation of crypto assets found to be proceeds from crime, Tass reported Wednesday. The announcement came from the prosecutor general of the Russian Federation, Igor Krasnov. He was speaking at a conference of heads of prosecutor’s offices of European states in St. Petersburg Wednesday. The…

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