Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use crypto exchanges.
Prosecutor’s Office Insists Russian Investigators Should Have Cryptocurrency Wallets
Russian prosecutors are convinced that investigative authorities, among other government bodies, should be allowed to set up crypto wallets and be able to store and convert confiscated digital coins to fiat money, the business daily Kommersant reported.
The Prosecutor General’s Office has consistently advocated for recognizing digital assets as property that can be seized, if acquired criminally, Prosecutor Madina Dolgieva from the Office’s Main Judicial Department told participants in a round table discussion on e-justice.
During the meeting, organized by the Committee on Constitutional Legislation and State Building at the Federation C
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