Regulation· ★★★· bearish·

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