Russian Ministry of Justice is proposing a crypto seizure framework that involves technical experts to evaluate preservation measures.
The draft law aims to formalize procedures for handling cryptocurrency in criminal procedures and treat it as physical property for seizure and subsequent confiscation.
The legislation may allow confiscation of cryptocurrency without compensating victims, potentially leading to the creation of a Russian Bitcoin Reserve.
Russia is leaning towards a pro-crypto stance, especially in international trade and de-dollarization efforts.