Russian Crypto Plot, China Mining U-Turn, Lottery Winner’s BTC Gamble:
- New law would let police confiscate Bitcoin from 2021We begin in Russia, where the government is pursuing a seemingly impossible law that would allow it to confiscate Bitcoin (BTC).
- Reports suggest that the plans, which target “digital assets,” could become law in 2021.
- For this law to work, it seems that crypto would require legal recognition in order for the government to justify its confiscation as part of legal proceedings.
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