Cryptocurrency News

Russian security agency wants exchanges to share data with crime investigators

2022.04.28 16:01

Russian security agency wants exchanges to share data with crime investigators
Russian security agency wants exchanges to share data with crime investigators

Russia’s Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country’s Finance Ministry. Law enforcement agencies push for requiring crypto firms to share transaction data with investigators and for clarifying the terms on which digital assets can be seized.

On April 28, local newspaper Izvestia reported on the content of the review notes that the security service and police ministry filed to the Finance Ministry’s draft of the bill “On digital currency”. Some of the propositions were reportedly accepted by the Ministry, while others were turned down.

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