Alexander Bastrykin: "Cryptocurrencies must be recognized as property in Russia"

Chairman of the Investigative Committee of Russia Alexander Bastrykin said, that cryptocurrency must be recognized as property in Russia, To facilitate the investigation of crimes.

The official emphasized, that the investigation of cases, in which cryptocurrencies appear, complicated by the lack of legal status in digital assets. This is especially important when investigating cases, in which cryptocurrencies were used as a bribe. And the law "On digital financial assets", which will come into force from the beginning 2021 of the year, not all problems solve.

Also, According to the head of the SK, It is necessary to develop tools for detecting crimes, associated with cryptocurrencies. For this, Bastrykin offers to rely on the competence of Rosfinmonitoring. The department has already developed a prototype of the system to track transactions in the Bitcoin network. It was also proposed to launch a federal project to track transactions with cryptocurrencies.

Earlier, the Ministry of Finance of Russia proposed to oblige individuals and legal entities to declare operations with digital assets, exceeding 600 000 rubles a year. In support of the proposal, the chairman of the State Duma committee on the financial market Anatoly Aksakov made up the proposal.