While the crypto-currency in Russia remains outside the legal framework, the reference of digital assets to the category of "forbidden" or "allowed" is of situational character. Thus, in bankruptcy cases the court recognizes Bitcoins as other property and includes them in the competitive mass for settlements with creditors. At the same time, the Central Bank, prosecutor's office and investigation bodies qualify the crypt currency as a money surrogate, while the actions on distribution of information and transactions on its circulation - as criminal acts. Artem Grishin - Deputy Managing Partner of Alliance Legal CG for the legal portal "Pravo.ru".

Право.ru
Grishin Artem, Advisor, Deputy Managing Partner.