Investigators in Russia will have access to data on crypto accounts of the population

In the Russian Federation, the law «On Digital Currency» is yet to be adopted, but its features are already scaring most people away from official recognition of crypto-assets.

The Ministry of Internal Affairs, the Ministry of Economy, the Ministry of Digital Transformation, the Ministry of Energy, the Ministry of Justice, the Federal Security Service, the Federal Tax Service, and Rosfinmonitoring have already provided their recommendations and amendments to the law, and each ministry is trying to influence the cryptocurrency future.

In particular, the Ministry of Finance has supported a number of proposals from law enforcement agencies to finalize the draft law on cryptocurrency regulation. The document wants to stipulate that crypto exchanges and crypto wallet companies are obliged to provide investigators and courts with information on account balances and to ban advertising of such platforms if they have not obtained a license. In addition, the draft law will specify in more detail the procedure for seizing digital assets.

We are looking forward to the time when it will be possible to order a statement on specific crypto assets of a particular person in a Telegram bot.

Earlier, it was reported that the Russian parliament limits the purchase of cryptocurrencies for the population to $ 670.