The Bank of Russia, together with Rosfinmonitoring and other financial institutions, is developing a new platform for monitoring suspicious transactions.
The new measures of the Central Bank of the Russian Federation will also affect operations with cryptocurrencies. About this RBC said the head of the Financial Monitoring and Currency Control Service of the regulator Bogdan Shablya.
What are drops and how do they work?
Drops are citizens who provide their bank cards and accounts to perform dubious or illegal transactions.
It is expected that the system will help banks quickly block accounts associated with drops, already at the stage of entering the bank.
Particular attention will be paid to crypto operations. In recent years, the use of digital assets for anonymous transfers and exchanges has become popular among those involved in illegal schemes. Crypto exchangers often serve as channels for such operations.
According to Shabl, about 1 million Russian citizens have recently made transfers to dropper cards.
Currently, the Bank of the Russian Federation has information about more than 700 thousand drops that were noticed carrying out suspicious transactions.
How the new platform will help
The main goal of the Central Bank of the Russian Federation is to make it as difficult and economically unprofitable for drops as possible to use banks in their schemes.
The new centralized system will allow collecting data from different banks and transferring it to a single database, which will make the blocking process more efficient. When information about suspicious drops enters the system, banks will be able to immediately take action to limit their activity.
The Central Bank of the Russian Federation classified transactions of individuals with crypto exchangers as illegal activities in September 2021. Then the regulator called on banks to show increased attention to transactions through such services.
Later, the Bank of Russia began sending requests to credit institutions regarding transfers to cards allegedly associated with crypto exchangers. In particular, the regulator was interested in contacts with such exchangers as btc-obmennik.com, cleanbtc.ru and others.
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Source: Cryptocurrency
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