Putin signs new bill granting Russian courts the authority to confiscate Bitcoin and other cryptocurrencies in criminal investigations

ZkProver · 2026-02-25T04:06:54+00:00

Russian President Putin signs new law granting courts the authority to confiscate cryptocurrencies in criminal investigations. The law considers cryptocurrencies as intangible property, promotes cooperation with foreign exchanges, and requires requests to include detailed information. Experts expect the Kremlin may restrict citizens' access to overseas exchanges.

ZkProver

2026-02-25 04:06:54

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ChainCatcher reports that, according to Kommersant, Russian President Vladimir Putin has signed a new law granting Russian courts new powers to confiscate cryptocurrencies in criminal investigations.

The law will amend the Russian Criminal Code to recognize cryptocurrencies as a form of intangible property. Elena Ardabyeva, Deputy Minister of the Russian Ministry of Justice, stated that the law will formally incorporate existing digital asset confiscation agreements into the legal framework and provide legal channels for cooperation with foreign cryptocurrency exchanges.

The law stipulates that requests from police or prosecutors to confiscate cryptocurrencies must include detailed information such as the type of tokens, quantity, and wallet address. Experts say the Kremlin may begin restricting citizens’ access to overseas cryptocurrency exchanges starting this year.

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