The Office of Justice of the Russian Federation calls for translating cryptocurrency into assets.
On November 18, the Attorney General of the Russian Federation drafted a law on cryptocurrencies and other virtual assets. The judge of Russian President Krasnov told the State Duma, a member of the House of Representatives, that legal justice will be used in court proceedings under the Criminal Code. Krasnov also expressed concern about the misuse of modern financial instruments and, in his view, inconsistencies in law enforcement in this particular area have resulted in a crime. The Interfax news agency quoted him as saying that "the rights of online sites that offer anonymous trading opportunities for cryptocurrencies remain unrecognized, and the issue of virtual asset allocation as a tool against crime has not yet been resolved. " He said his office had started working and drafted a law governing the issue, adding that he would be grateful if the government supported it. To date, digital currencies such as Bitcoin have been recognized as assets under several Russian laws, including bankruptcy and enforcement proceedings and the anti-corruption law. . (Bitcoin.com)
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