Russian President Putin signs federal law allowing the confiscation of virtual currencies such as Bitcoin (BTC) during criminal investigations based on court rulings. The new law officially defines virtual currencies as "Intangible Assets" and clarifies that law enforcement agencies can, based on court orders, seize related assets through hardware wallets and other carriers, and transfer them to designated "secure addresses." (DL News)
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Russian President Putin signs federal law allowing the confiscation of virtual currencies such as Bitcoin (BTC) during criminal investigations based on court rulings. The new law officially defines virtual currencies as "Intangible Assets" and clarifies that law enforcement agencies can, based on court orders, seize related assets through hardware wallets and other carriers, and transfer them to designated "secure addresses." (DL News)