Russia may allow seized BTC to be converted into state revenue
2025-04-03 04:23
Odaily News The head of the Russian Federal Executive Service (FSSP) said that a new mechanism has been developed to support the conversion of Bitcoin seized in criminal cases into state fiscal revenue. The mechanism is based on the precedent of the bribery case of former investigator Marat Tambiev, in which about 1,032 BTC were successfully seized and transferred to the Ministry of Finance. It is expected that some of the assets will be sold to replenish the treasury.
FSSP calls on the legislature to clarify the legal status of crypto assets as soon as possible to promote a more systematic crypto asset disposal process. (cryptonews)
