The head of the enforcement and bankruptcy department of Sberbank, Evgeny Akimov, said that foreign crypto exchanges are ready to work with Russian arbitration managers in the bankruptcy of insolvent debtors.

The exchanges Bybit, Bitstamp, Bitrue, and OKX have already expressed a desire to cooperate with Russian authorities. These sites can inform managers about the presence of crypto wallets and their numbers for their clients.

Before this, Sberbank could not find a way to collect cryptocurrencies for a long time. Law enforcement officers simply took a person’s smartphone or laptop and from there learned about the presence of digital assets.

“We thought: why not just ask the crypto exchanges,” said Akimov.

Previously, the Central Bank and the Russian Ministry of Finance agreed on a unified approach to the issue of cryptocurrencies, including their use in cross-border payments.