🔴 In Russia, the confiscation of cryptocurrency in criminal cases has been legalized

⚖️ The Ministry of Justice of the Russian Federation proposed to introduce the concept of "cryptocurrency" into the Criminal Code and the Criminal Procedure Code to simplify:

• The investigation of crimes involving cryptocurrency

• The seizure and confiscation of digital assets

📌 Currently, there is no definition of cryptocurrency in the Criminal Code and the Criminal Procedure Code, which hinders law enforcement from "legally accessing the blockchain."

The new mechanism is:

— A clear regulation for investigations and courts

— Potentially strict control over the movement of digital assets in criminal cases

— And a signal to the crypto community: "anonymity is decreasing"

📉 Impact on the market — negative: risks for individual users and P2P scenarios in the Russian Federation are increasing.

We are watching how the legal framework transforms crypto from the "Wild West" to "accounting by the ledger" 🔴

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