According to the law signed by Vladimir Putin, cryptocurrencies are classified as intangible property under criminal law, enabling court seizure and mandating token type, amount, and wallet address records, with transfers to state-controlled wallets.
Russian President Vladimir Putin signed a federal law classifying Bitcoin and other crypto assets as intangible property under criminal law. It empowers courts to seize cryptocurrencies in criminal cases, mandates recording token type, amount, and wallet address, and permits transferring seized assets to government-controlled wallets.