At the plenary meeting of the participants of the Eurasian Group on Combating Money Laundering and the Financing of Terrorism (EAG), chaired by the head of Rosfinmonitoring Yuri Chikhanchin, it was reported:
“The legalization of criminal proceeds is increasingly carried out using multi-level schemes, including with the participation of professional launderers, which use cryptocurrencies, payment details of dummies (“drops”), as well as cash.”
During the meeting, EAG representatives and invited participants from the USA, Iran, Japan and other countries agreed to continue working to strengthen cooperation in blocking financial schemes used by criminals.
Earlier, the director of the Federal Service for Financial Monitoring, Yuri Chikhanchin, said that the agency had recorded a twofold increase in the number of suspicious transactions with cryptocurrencies.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
