Foresight News
Foresight News|Feb 25, 2026 02:24
[Russian Court Granted Authority to Confiscate Cryptocurrency in Criminal Investigations] Foresight News reports, according to Russia's *Kommersant*, Russian President Vladimir Putin has signed a new law granting Russian courts new powers to confiscate cryptocurrency during criminal investigations. The law will amend Russia's Criminal Code, recognizing cryptocurrency as a form of intangible property. Russian Deputy Minister of Justice Elena Ardabyeva stated that the law formally incorporates the existing digital asset confiscation protocol into the legal framework and provides a legal pathway for cooperation with foreign cryptocurrency exchanges. The law stipulates that requests by police or prosecutors to confiscate cryptocurrency must include detailed information such as the type of token, quantity, and wallet address.
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