Regulation· ★★★★· bearish·

Russia's Central Bank to Ban Anonymous Crypto Transfers Domestically

  • —Transfers without sender and recipient data will be automatically blocked
  • —Transfers under 60,000 rubles require only name and wallet address
  • —Amounts above 60,000 rubles require INN and date of birth
  • —Depositories will be linked to the central bank's Know Your Customer platform
Why it matters: Tighter controls on domestic crypto transfers reduce anonymity and could curb crypto activity in Russia.
Source: Cryptocurrency.tech