Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under...
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions of several other laws although various aspects of cryptocurrencies remain unregulated. Prosecutors in Russia Draft Legislation Granting Cryptocurrency Property Status The Prosecutor General’s Office of the Russian Federation has prepared a draft law to recognize cryptocurrency and other virtual assets as property. The legal definition will be used in court....
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Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Russia, Turkey Arrange Cooperation on Countering Crime Involving Digital Space and Assets The Prosecutor General of the Russian Federation Igor Krasnov and the Turkish Minister of Justice Bekir Bozdag have signed a new, two-year program for cooperation between their departments, the Tass news agency reported. The....
The Prosecutor General’s Office of the Russian Federation has insisted that the term “cryptocurrency” should be added to the country’s legislation. The move would allow authorities in Moscow to confiscate digital assets that have been involved in criminal activities.
Russian Prosecutor General’s Office Prepares Amendments Allowing Seizure of Cryptocurrency
With cryptocurrencies being only partially regulated through the law “On Digital Financial Assets,” work is underway in Russia to adopt legislation introducing comprehensive....
A court in Ekaterinburg, Russia has set a hearing for May 15 regarding the Russia’s crypto community representatives’ complaint against the government’s ban of Bitcoin-related websites. The founder of btcsec.com, Ivan Tikhonov, believes that the court hearings have so far been positive for the banned websites despite the ban not being lifted as of yet. The court has rejected the prosecutor office’s demands to stop the appeal. Now, the representatives of the websites will have a chance to present their case during the first hearing on May 15. CoinTelegraph asked Tikhonov about the chances....
Russia’s prosecutor general, Igor Krasnov, says new crypto regulations are needed to combat corruption as — in his view — digital assets are often used to facilitate crime. Russian lawmakers are working on new legislation that would allow the government to confiscate cryptocurrencies, according to a senior official.Russian Prosecutor General Igor Krasnov claimed that the government is now developing a set of amendments to the country’s criminal code to allow authorities to seize crypto obtained from illegal activity, local news agency TASS reported.Speaking at a conference of prosecutors’....
Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code. Russian prime minister Mikhail Mishustin has appeared to express support for the further development of the local cryptocurrency market.At a recent governmental meeting held on Nov. 26, Mishustin proposed the introduction of legal protections for crypto holders in the country in order to contribute to the growth of the new industry.According to Mishustin, such a framework would develop the industry in a “civilized way so that the owners of such assets can protect their rights and interests,” while....