Russian bailiffs will have the power to seize CBDC and cryptocurrencies
Moscow will give Russian law enforcement more new powers to seize digital rubles (CBDC) and cryptocurrency assets in bankruptcy cases. The plan was proposed by the Ministry of Justice and the Federal Bailiff Service (FSSP) of the Russian Federation. A spokesperson for the Ministry of Justice stated that law enforcement will be able to exercise "redemption rights" against holders of digital rubles, digital currencies, and digital financial assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Flash Monday: Buy crypto with a credit/debit card for zero fees
Every Monday, enjoy zero fees when using your local fiat currency with a credit or debit card ( Visa, Mastercard, Google Pay Apple Pay)! Buy Crypto Promotion period: Every Monday 8:00 PM – Tuesday 8:00 PM (UTC+8) Promotion rules Sign up for a Bitget account or log in to your existing account. Navig
SEC to receive record $8.2 billion from enforcement in fiscal 2024, mostly from Terraform Labs
CAT becomes the only BSC chain token in the top 20 Wintermute market-making meme coins