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20 Feb, 14:18

Russia sees rise in crime where crypto involved in some way — Supreme Court

The Supreme Court is taking part in preparation of a "legislative initiative aimed at recognizing digital currency as property for purposes of penal proceedings" by the government, Chairperson of the Russian Supreme Court Irina Podnosova said

MOSCOW, February 20. /TASS/. More crimes are being committed in Russia where cryptocurrency plays some kind of role, Chairperson of the Russian Supreme Court Irina Podnosova said at the meeting of judges of common jurisdiction, arbitration and martial court judges with participation of Russian President Vladimir Putin.

"With the spread of cryptocurrency in the economy, there has been a rise in crimes where the digital currency is either the means of committing the crime, the criminal income, or the object of the offense," she said.

The Supreme Court is taking part in preparation of a "legislative initiative aimed at recognizing digital currency as property for purposes of penal proceedings" by the government, Podnosova said.

Crime by type did not change much in Russia in 2024 from the previous year, she continued. "Thus, the main type was property crimes - 38%, violent crimes - 24%, and also crimes against public security and public order - 24%," Podnosova added.