Tag: Russia’s Supreme Court
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Russia’s Crypto Exchange Plan: A Gateway for Elite Investors
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Russia is stepping into the regulated crypto space with plans to launch a state-run cryptocurrency exchange tailored for “super-qualified investors.” The initiative, revealed by Finance Minister Anton Siluanov, aims to legalise digital asset transactions under the country’s experimental legal regime (ELR). A Regulated Exchange for Elite Investors The proposed crypto exchange will cater exclusively to…
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Russia Moves to Classify Crypto as Property in Penal Cases
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Russia’s Supreme Court is taking significant steps to classify cryptocurrency as property in penal cases, a move aimed at enhancing law enforcement’s ability to track, freeze, and confiscate illicit digital assets. This initiative marks another step in Russia’s ongoing efforts to integrate cryptocurrency into its legal framework. Crypto’s Role in Criminal Cases Chairperson Irina Podnosova…