Russia is addressing the complexities of dividing cryptocurrency in divorce cases with a new legislative proposal. State Duma Deputy Igor Antropenko has introduced a bill to amend the Family Code, classifying cryptocurrency acquired during marriage as jointly owned marital property. This move aims to provide clearer legal guidance amid Russia's high divorce and crypto adoption rates.
The 2020 legal amendment recognizing cryptocurrency as intangible property has complicated divorce settlements, as proving ownership and value of digital assets is challenging. The proposed legislation seeks to protect property rights by ensuring digital currencies obtained during marriage are shared, while those acquired before marriage or as gifts remain individual property. However, issues like evidence, anonymity, and foreign exchange jurisdiction remain unresolved.
Russia Moves to Clarify Crypto Division in Divorce Proceedings
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