Russia may allow seized BTC to be converted into national fiscal revenue

Odaily Planet Daily reported that the head of the Federal Service of the Russian Federation (FSSP) has developed a new mechanism to support the conversion of Bitcoin seized in criminal cases into national fiscal revenue. This mechanism stems from the precedent of the bribery case of former investigator Malat Tambiev, in which about 1032 BTCs were successfully seized and transferred to the Ministry of Finance. It is expected that some assets will be sold to supplement the national treasury. FSSP calls on the legislative body to clarify the legal status of encrypted assets as soon as possible, in order to promote a more systematic process for the disposal of encrypted assets. （cryptonews）