The post Russia’s constitutional court upholds crypto owners’ property and judicial rights appeared on BitcoinEthereumNews.com. A ruling by the constitutional courtThe post Russia’s constitutional court upholds crypto owners’ property and judicial rights appeared on BitcoinEthereumNews.com. A ruling by the constitutional court

Russia’s constitutional court upholds crypto owners’ property and judicial rights

A ruling by the constitutional court in Russia will ensure that property claims to cryptocurrencies are protected by the country’s judiciary.

The decision has various implications for crypto holders, the most important of which is that Russian law now treats digital coins like other assets.

Russia’s top court rules in favor of cryptocurrency owner

The Constitutional Court of the Russian Federation (CC) has upheld the right of cryptocurrency owners to receive adequate judicial protection, local media reported.

The review was prompted by the case of a Russian citizen who sought the return of 1,000 Tether (USDT) he had acquired and transferred to an acquaintance for management purposes.

Lawyers for the man, identified as D.I. Timchenko, filed a complaint after lower courts declined to review his request, based on his failure to notify the Federal Tax Service (FNS) of his ownership of the coins.

According to the Right Side law firm, hired by the crypto investor, the cited article from the federal law “On Digital Financial Assets,” which obliges him to do so, is unconstitutional.

The main argument is that it makes the right to judicial protection conditional, as it can only be exercised after a formal notification. What’s more, a procedure for the latter hasn’t been established yet.

Marat Amanliev, the attorney who represented the plaintiff, announced that the provision has been declared invalid, the business news portal RBC reported on Tuesday.

The ownership rights of digital currency owners are now equal to the rights over any other property, the legal expert highlighted. What’s more, the right to judicial protection will not be tied to any notification or registration procedure, he noted.

Commenting on the CC ruling, Amanliev stated:

However, there is a major exception. The ruling applies only to cryptocurrencies obtained by legal means from sources other than mining.

According to the court, the contested article continues to apply to the cryptocurrency produced by miners and operators of mining infrastructure.

For this category, reporting crypto holdings to the tax authority remains mandatory, as the respective procedure is already enshrined in law.

Russia legalized the mining of Bitcoin and the like in late 2024, making it its first properly regulated crypto-related activity.

Legal entities and individual entrepreneurs are allowed to participate in the industry, as long as they register with the FNS, inform it about the coins they have minted, and pay their taxes.

Marat Amanliev further emphasized that all claims by digital currency owners that have been dismissed for failing to notify government agencies of ownership will now be reviewed again.

The Constitutional Court, whose main role is to determine if legal acts and decrees comply with the country’s fundamental law, also stated that Russian legislation must classify all types of digital assets, taking into account their specifics, the lawyer added.

Russia is preparing to do precisely that this year, after, at the end of December, its central bank proposed a new regulatory concept that lawmakers are expected to adopt by July 1, 2026.

The regulator’s plan is to define cryptocurrencies and stablecoins as “monetary assets.” Until now, they have only been recognized as property, mainly for the purposes of criminal proceedings.

The CC expanded on this, reasoning that despite its virtual nature, coins have economic value, can be circulated, and are recognized as property under the Russian Tax Code, too.

This means that the rights arising from their ownership are protected by at least two articles of the main law: “on private property” and “on judicial protection.”

With the court’s decision, digital currency becomes a “full-fledged object of law,” pointed out Ignat Likhunov, founder of Cartesius, a law firm that specializes in providing legal advice in the crypto space.

He also highlighted the ruling’s significance not just for civil disputes over crypto assets obtained through purchase, exchange, or receipt, but also for criminal cases involving theft.

The high court has instructed lawmakers to make the necessary amendments to ensure that the constitutional rights of crypto owners are protected, provided they can prove the origin of the funds.

If you’re reading this, you’re already ahead. Stay there with our newsletter.

Source: https://www.cryptopolitan.com/russias-constitutional-court-upholds-crypto-owners-property-and-judicial-rights/

Market Opportunity
Canton Network Logo
Canton Network Price(CC)
$0.19052
$0.19052$0.19052
0.00%
USD
Canton Network (CC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

De Britse financiële waakhond, de FCA, komt in 2026 met nieuwe regels speciaal voor crypto bedrijven. Wat direct opvalt: de toezichthouder laat enkele klassieke financiële verplichtingen los om beter aan te sluiten op de snelle en grillige wereld van digitale activa. Tegelijkertijd wordt er extra nadruk gelegd op digitale beveiliging,... Het bericht FCA komt in 2026 met aangepaste cryptoregels voor Britse markt verscheen het eerst op Blockchain Stories.
Share
Coinstats2025/09/18 00:33
Pi Network Mainnet Update: 16 Million Verified Users Join Global Blockchain Ecosystem

Pi Network Mainnet Update: 16 Million Verified Users Join Global Blockchain Ecosystem

Pi Network Surpasses 16 Million Verified Mainnet Users Pi Network, one of the fastest-growing blockchain ecosystems, has reached a major milestone: over 16 mil
Share
Hokanews2026/01/31 23:28