As various countries strive for strategic Bitcoin reserves, Russia is preparing to take critical measures for BTC!

Russia plans to sell seized Bitcoin.

While the United States is establishing a strategic Bitcoin reserve, some countries have also begun their reserve efforts.

Relatively speaking, some countries have rejected the concept of reserves, and Russia is among these countries.

At this point, Russia is planning to sell Bitcoin seized from criminal cases through legal means.

The Federal Bailiff Service of Russia has taken action to increase government revenue.

Institutions are working to create a legal framework for selling Bitcoin seized due to criminal cases.

Dmitry Aristov, head of the Federal Bailiff Service (FSSP), stated at a meeting of the Constitutional Legislation and State Building Committee of the Federation Council that Bitcoin is a 'problematic asset.'

When Senator Aristov was asked about the 'cryptocurrency confiscation agreement,' he stated that they are working to sell the confiscated BTC.

Aristov also mentioned that Russia first needs to legally determine the status of Bitcoin in Russia.

The initial target of this action may involve a bribery case related to 1.032.1 BTC. This BTC has been seized and transferred to the Ministry of Finance.

This does not constitute investment advice

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