Russia's Rosfinmonitoring proposes account freezes on 'partial match' of client data
- —New ground is a 'partial match' of client data with a restricted person's details
- —Experts expect a 20% rise in account freezes
- —Measure covers bank accounts used for crypto-related settlements
Why it matters: Tighter banking controls could complicate crypto exchange withdrawals and P2P payments in Russia.
Source: vc.ru Крипто
More on this
Regulation · 17:29Russia's Finance Ministry says crypto investors near 20 million with $44B in assets
Regulation · 14:55Ruling party lawmaker Park Min-kyu: crypto tax launch next year is premature
Regulation · 14:30SEC Clears ARK Venture Fund for Tokenized and Exchange-Traded Share Classes