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Russian bailiffs will have the power to seize CBDC and cryptocurrencies

Moscow will give Russian law enforcement more new powers to seize digital rubles (CBDC) and cryptocurrency assets in bankruptcy cases. The plan was proposed by the Ministry of Justice and the Federal Bailiff Service (FSSP) of the Russian Federation. A spokesperson for the Ministry of Justice stated that law enforcement will be able to exercise "redemption rights" against holders of digital rubles, digital currencies, and digital financial assets.

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