The President of Russia called on the Prosecutor General’s Office and Rosfinmonitoring to pay close attention tooperations with CFA.
Russian President Vladimir Putin instructedThe Prosecutor General's Office together with Rosfinmonitoring to take measures to suppress illegal cross-border movement of funds and digital financial assets. At an expanded meeting of the board of the Prosecutor General's Office, the head of state said that criminals are increasingly using the CFA, and it is necessary to pay close attention to this.
At the end of February, the head of Rosfinmonitoring YuriChikhanchin reported on the creation of the Transparent Blockchain service for tracking cryptocurrency transactions. Chikhanchin said that the mechanism is able not only to analyze crypto transactions, but also to identify signs that indicate the criminal component of the transaction.
Previously head of the State Duma Committee on LegislationPavel Krasheninnikov proposed to legalize cryptocurrencies on the territory of Russia, regulating their turnover in the same way as the turnover of narcotic substances. The parliamentarian explained that now the Russian authorities take a contradictory position regarding digital currencies, but the problem can be solved if they are made with limited circulating capacity.
The Law on Digital Financial Assets entered into force on January 1, 2021. The document defines cryptocurrency, but prohibits its use in Russia to pay for goods and services.
</p></p>Read this:
Vladimir Putin signed a document “on digital financial assets”
Putin obliges officials to declare cryptocurrency assets
Putin forbade to pay with cryptocurrency
Vice-President of the Association of Banks of Russia: “It is necessary to introduce criminal liability for hiding digital assets and refusing to transfer keys”
Market news | About the amount of acquisition of digital financial assets for qualified and non-qualified – Central Bank instructions
Regulation of digital assets in Russia – what do you need to know?