Russia may allow seized BTC to be converted into state revenue

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According to ChainCatcher, 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 treasury.

The FSSP calls on the legislative body to quickly clarify the legal status of crypto assets to promote a more systematic process of crypto asset disposal.

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