Russian authorities It’s hard to believe they got it, prosecutors warned. They also want the government to recognize cryptocurrencies as property and allow the department to own digital wallets and use cryptocurrency exchanges.
Prosecutors said , argues that Russian investigators should have cryptocurrency wallets
Russian prosecutors, among other government agencies, have argued that investigators should be able to set up and store cryptocurrency wallets. We are convinced that we should convert the confiscated digital coins into fiat currency, reported the economic daily Kommersant.
The Office of the Attorney General has consistently advocated recognizing digital assets as assets that could be seized if criminally acquired, said Madina, the agency’s principal judicial division attorney.e-justice.
At a meeting hosted by the Commission on Constitutional Legislation and State Building of the Federal Council, the upper house of the parliament, Dolgieva said the courts remained ambivalent. said he was making a decision to is.
Cryptocurrencies are not yet comprehensively regulated in Russia, and the current law “On Digital Financial Assets”, which will come into force in 2021, answers a limited set of questions. . A bill introducing the amendment is currently under consideration in the lower house of the Russian parliament.
For example, confiscation of virtual assets from physical wallets is only half the job, as the virtual currency must be cashed out, Madina Dolguieva elaborated. The problem begins, she emphasized. Domestic exchanges are not yet licensed, and public prosecutors cannot use foreign platforms.
Prosecutors believe law enforcement should be allowed to open their own wallets and convert cryptocurrencies. Circulation of this cryptocurrency increased significantly in the Russian Federation after the government introduced restrictions on fiat currency transfers out of the country in February this year.
The proposal comes despite the Central Bank of Russia’s opposition to legalizing cryptocurrency trading in the country. Monetary authorities support the bill submitted to the House of Commons on the condition that even mining rewards will be exchanged abroad or only under a special “experimental legal regime” within Russia. did.
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