The Federal financial monitoring service in Russia cryptocurrency being used for drug trafficking
Source:
The crypto currency in Russia is used for different criminal activities, including drug trafficking. This is stated in the report to Rosfinmonitoring about the national risk assessment of money laundering in 2017-2018.
The document emphasizes that researchers last year found cases of drug trafficking in 23 regions of Russia. Most transactions were done using Bitcoin.
How to regulate the cryptocurrency in Russia
The First crypto currency used to buy and sell drugs, pay skladchikov, chemists in the laboratories, laundering criminal money and its distribution between the members of an organized criminal group, the report of Rosfinmonitoringa.
The Department believes that widespread cryptocurrency among criminals due to their anonymity and lack of regulation of the industry. The analysts make no recommendations regarding possible scenarios with the status of digital assets in Russia, reports .
The dark side of cryptocurrency attention with the Bank of Russia. Earlier, the Chairman of the main financial regulator of the country Elvira Nabiullina said that the Agency refers to digital money with great care.
According to her, digital money are "highly speculative, highly volatile something." They also allegedly used to launder black income.
With this approach, the speaker hardly ever will work for free from the constant checks of the market. Especially considering the new edition of the law "On digital of financial assets" in which the concept of "cryptocurrency" and mining mixed with ICO. Let's hope that Russian legislators will come to their senses sooner than accept the act.
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