Russia is drafting legislation aimed at streamlining the confiscation process for digital assets, aiming to better regulate the cryptocurrency space and combat illicit activities involving cryptocurrencies. The proposed bill intends to clarify legal frameworks surrounding seizures of cryptocurrencies, aligning with increasing regulatory efforts to address criminal misuse of these assets. This new law would empower law enforcement agencies with clearer authority to identify, freeze, and confiscate digital assets linked to criminal offenses, including cybercrime, money laundering, and fraud investigations. The bill seeks to improve the efficiency of asset forfeiture by establishing specific procedures for handling digital assets. Specifically, authorities will have access to wallets, exchanges, and other platforms to trace and seize crypto assets.