All by tag: AML

The registration on the list is required to provide any services related to digital assets in the country

The established consortium plans to share encrypted customer and transactions information

Chainalysis reports that most of them are located in Moscow City

The theft and laundering of cryptocurrencies carry a maximum penalty of 25 years in prison

The regulatory act will seek to bring greater clarity to the status of digital assets in the country

The country is waiting for the president’s approval to formally adopt the document

The agency reported that the main goal is to achieve greater clarity regarding the actions of digital assets users and traders in the country

This is the second time hackers have moved stolen funds

Deputy Minister Alexey Moiseev believes that due attention should be paid to this area because of the risks associated with it

Since 2017, Chainalysis estimates that a total of $33,4 billion in cryptocurrency has been laundered

According to the new policy, all users have to undergo additional identity verification

The pattern of behavior described in the agency’s report allowed the company to maintain an ambiguous opaque corporate structure