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Russia Designates Cryptocurrencies as Property Under New Law Signed by Putin

President Vladimir Putin signed a new law formally recognizing cryptocurrencies as property in Russia, enabling courts to seize assets such as Bitcoin in criminal proceedings. The changes clarify the legal status of digital assets in Russia's justice system and provide a framework for confiscation in cases tied to alleged criminal activity. The development comes as an investigation involving Pavel Durov is under way, adding to concerns about an expanding regulatory crackdown on the sector in the country.
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