🤩 Russia 🇷🇺: Confiscated cryptocurrency fund could become a reality

🤩 Russia 🇷🇺: Confiscated cryptocurrency fund could become a reality

The initiative comes from the Public Chamber of the Russian Federation (OP).
➡️ This week, the Investigative Committee of Russia submitted a draft law to the government to recognize cryptocurrencies as property. If approved, cryptocurrencies will no longer be considered "undefined" or "unrecognized"assets from a legal perspective, allowing users to protect their assets in court.

➡️ According to authorities, the revenue generated from the appreciation of confiscated assets could be allocated to social projects. The OP believes their value could increase significantly over time.

➡️ So far, Russian law enforcement agencies have not disclosed the total amount of seized cryptocurrencies.

#news #Russia #crypto

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