{"id":18523,"date":"2025-03-21T18:02:14","date_gmt":"2025-03-21T18:02:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18523"},"modified":"2025-03-21T18:02:14","modified_gmt":"2025-03-21T18:02:14","slug":"russia-contemplates-a-special-fund-for-confiscated-crypto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18523","title":{"rendered":"Russia Contemplates \u201cA Special Fund\u201d For Confiscated Crypto"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">Russia is thinking of using the confiscated cryptocurrency in criminal proceedings \u201cfor the benefit of the state.\u201d The country may move forward with plans to establish a government cryptocurrency fund using assets confiscated from criminal proceedings.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On 20 March 2025, <\/span><a href=\"https:\/\/tass.ru\/ekonomika\/23450561\" target=\"_blank\" rel=\"nofollow\"><span style=\"font-weight: 400\">Evgeny Masharov<\/span><\/a><span style=\"font-weight: 400\">, a member of the Russian Federation\u2019s Public Chamber Commission for public examination of bills and regulatory acts, said that a special fund could be created \u201con the balance of which these (confiscated) cryptocurrencies would be kept.\u201d <\/span><\/p>\n<p><span style=\"font-weight: 400\">Masharov insisted that the capitalization of \u201cthe fund\u201d would increase significantly over time.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Masharov, on the one hand, this will help to remove criminally acquired property from circulation, on the other hand, it will have a specific purpose. <\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cLater, the income received from the placement of cryptocurrencies can be used for social, environmental and educational projects,\u201d Masharov believes.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2 class=\"page-title\">Russia Holds Off On Including Bitcoin In Strategic Reserve, Future Reconsideration Possible<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING:<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1f7-1f1fa.png\" alt=\"\ud83c\uddf7\ud83c\uddfa\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">RUSSIA DECLARES NO INTENTION TO INCLUDE BITCOIN IN ITS STRATEGIC RESERVES. <a href=\"https:\/\/t.co\/6NQjO8aYmP\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/6NQjO8aYmP<\/a><\/p>\n<p>\u2014 Ash Crypto (@Ashcryptoreal) <a href=\"https:\/\/twitter.com\/Ashcryptoreal\/status\/1897280688187170876?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Recently the Russian Finance Ministry revealed that it is not currently planning to include cryptocurrencies in the strategic reserve due to volatility concerns.<\/p>\n<p>However, Deputy Finance Minister Vladimir Kolychev suggested that this stance could change once the fund\u2019s liquid assets reach a level equivalent to 7-10% of Russia\u2019s gross domestic product (GDP).\u00a0 \u201cHowever, for now, the volatility signs are not favorable,\u201d Kolychev said.<\/p>\n<p>\u201cFrom the point of view of sovereign budget reserves, it is important for us that the assets in which these reserves were invested could be sold very quickly and without a large price revaluation, so that our sale does not lead to the fact that we receive not a ruble for a ruble, but 50 kopecks for a ruble,\u201d said Kolychev. \u201cAnd crypto assets are an asset with increased volatility.\u201d<\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h3>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Russia is thinking of using the confiscated cryptocurrency in criminal proceedings \u201cfor the benefit of the state.\u201d<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Digital currency confiscated in criminal cases can be sent to a special fund.<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <\/li>\n<p><\/span><span style=\"font-weight: 400\">The proposal comes amid Russian officials\u2019 progress on new legislation that would recognize cryptocurrencies as property for criminal procedure purposes.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/russia-contemplates-a-special-fund-for-confiscated-crypto\/\">Russia Contemplates \u201cA Special Fund\u201d For Confiscated Crypto<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Russia is thinking of using the confiscated cryptocurrency in criminal proceedings \u201cfor the benefit of the state.\u201d The country may move forward with plans to establish a government cryptocurrency fund using assets confiscated from criminal proceedings. On 20 March 2025, Evgeny Masharov, a member of the Russian Federation\u2019s Public Chamber Commission for public examination of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18523","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18523"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18523\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}