PANews news on April 3rd, according to Cryptonews, the head of the Russian Federal Bailiff Service (FSSP) stated that a new mechanism has been developed to support converting Bitcoin seized in criminal cases into national fiscal revenue. This mechanism originated from the precedent of the bribery case involving former investigator Marat Tambiev, in which approximately 1,032 BTC were successfully confiscated and transferred to the Ministry of Finance. It is expected that part of the assets will be sold to supplement the national treasury. The FSSP calls on legislative bodies to quickly clarify the legal status of crypto assets to promote a more systematic process of crypto asset disposal.
Russia may allow seized BTC to be converted into state revenue
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