Crypto Classified as Property in Russia

Russia’s Supreme Court Moves to Classify Crypto as Property

• Russia’s Supreme Court is working to classify cryptocurrency as property in penal cases.
• The classification aims to enhance law enforcement’s ability to track, freeze, and confiscate illicit digital assets.
• This move is part of broader efforts by the court to define the legal status of cryptocurrency in Russia.

Russia’s Supreme Court is actively involved in classifying cryptocurrency as property, which would allow for improved tracking and confiscation of illegal digital assets.