The Russian Constitutional Court has ruled that cryptocurrency assets are protected under property rights, marking a significant legal precedent for civil and criminal cases involving digital assets. This decision clarifies that lawfully obtained crypto assets are entitled to judicial protection, even if not reported to tax authorities. The ruling emerged from a case involving Dmitry Timchenko, who was denied repayment of a 1,000 USDT loan due to previous legal ambiguities. The court's decision underscores that non-reporting of crypto assets does not invalidate property rights, a stance that only applies to miners. This development coincides with Russia's ongoing efforts to refine cryptocurrency regulations, offering clearer legal safeguards for asset holders.
Russian Court Affirms Crypto Assets as Protected Property
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