Russian lawyers: Crypto holdings are a major hurdle in divorce cases

Russian lawyers are finding cryptocurrency holdings to be a major hurdle in divorce proceedings, DL News reported. They noted that since the monetary value of tangible and intangible assets can only be assessed in fiat currency, experts are required to determine the value of cryptocurrencies. The lawyers anticipate that as crypto's popularity grows in Russia, the number of related disputes in divorce cases will also rise. Anastasia Madi, a family law attorney at Kislov Law Firm, described Bitcoin, altcoins, and stock options as the most difficult assets to divide during a divorce. She explained that while Russian law recognized crypto as a form of intangible asset in 2020, the process remains complex. It involves difficult tasks such as proving actual ownership, calculating the asset's value in rubles, and compelling the disclosure of private keys and wallet information.