Rosfinmonitoring: Over 80 Banks Join Russia's 'Transparent Blockchain' Crypto Tracking Platform
- —Over 80 banks are now connected to the platform, up from 10 in May 2025
- —The system has operated since 2021, with banks testing it since 2023
- —It links crypto addresses to individuals and flags suspicious money flows
- —The Bank of Russia has backed the pilot for five years
Why it matters: The growing bank participation signals tighter AML scrutiny of crypto activity in Russia and mounting pressure on illicit flows.
Source: BeInCrypto RU