Amid the growing adoption of cryptocurrency reserves in countries like the United States, legal activists in Russia are pushing to create a potential crypto fund.
Evgeny Masharov, a member of the Russian Civic Chamber, has proposed creating a government cryptocurrency fund that would include assets confiscated from criminal proceedings.
The projected cryptocurrency fund would aim for revenues for the government, targeting social projects, Masharov said, according to a March 20 report by the local news agency TASS.
“The proceeds from the cryptocurrency fund can then be used for social, environmental and educational projects,” he reportedly stated
source: https://cointelegraph.com/news/russia-proposes-crypto-fund-from-seized-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound