Russia may allow seizure of BTC to national fiscal revenue

PANews reported on April 3 that according to Cryptonews, the head of the Russian Federal Executive Office (FSSP) said that a new mechanism has been developed to support the conversion of Bitcoin seized in criminal cases into national fiscal revenue. The mechanism stems from the precedent of the bribery case of former investigator Marat Tambiev, in which approximately 1,032 BTC were successfully seized and transferred to the Ministry of Finance. Some of the assets are expected to be sold to supplement the treasury. FSSP calls on the legislature to clarify the legal status of crypto assets as soon as possible to promote a more systematic process for disposing of crypto assets.