Regulation· ★★· bearish·

Russian Interior Ministry: Crypto Used for Drugs, Gambling and Money Laundering

  • —Ministry named three areas: drugs, online casinos, cross-border laundering of illicit funds
  • —Anonymity, cross-border reach and decentralization cited as drivers
  • —Only 18 deepfake fraud cases registered in 2025 and H1 2026
  • —Total fraud cases in the same period reached 478,831
Why it matters: The ministry's statement reinforces the criminal-use narrative around crypto and could shape Russian regulation.
Source: BeInCrypto RU