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Crypto confiscation framework approved by State Duma

Crypto confiscation framework approved by State Duma

Legal experts warn Russia’s new crypto seizure framework lacks clarity on asset valuation, custody security, and cross-border exchange cooperation.

Russia’s State Duma has passed legislation establishing procedures for the seizure and confiscation of cryptocurrencies in criminal investigations. The law formally recognises digital assets as property under criminal law.

The bill cleared its third reading on 10 February and now awaits approval from the Federation Council and presidential signature.

Investigators may seize digital currency and access devices, with specialists required during investigative actions. Protocols must record asset type, quantity, and wallet identifiers, while access…

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