Article Summary

**Russia Moves to Classify Cryptocurrency as Marital Property in Groundbreaking Divorce Legislation** Russian lawmakers are advancing revolutionary cryptocurrency regulation that could reshape digital asset ownership during divorce proceedings. The proposed legislation would classify Bitcoin, Ethereum, and other cryptocurrencies acquired during marriage as jointly-owned marital property, subjecting these digital assets to equitable distribution upon divorce. This regulatory development reflects Russia's evolving approach to cryptocurrency governance as blockchain technology gains mainstream adoption. The draft bill addresses growing concerns about crypto asset transparency in family law, potentially setting a global precedent for how nations handle digital currency in marital disputes. The proposal emerges amid increasing Russian interest in cryptocurrency investments and DeFi platforms, as citizens seek alternative savings vehicles. Legal experts suggest this legislation could significantly impact crypto holders' estate planning and asset protection strategies. If enacted, the law would require comprehensive cryptocurrency disclosure during divorce proceedings, including Bitcoin wallets, altcoin holdings, and blockchain-based investments. This regulatory shift demonstrates Russia's commitment to integrating digital assets into existing legal frameworks while maintaining traditional property division principles in family court proceedings.