According to ChainCatcher, the Russian Central Bank is developing a new monitoring platform to combat illegal cryptocurrency over-the-counter trading services and strengthen financial security.
Implemented in partnership with Rosfinmonitoring, the platform will centralize information on suspicious activity, allowing banks to deny account openings to high-risk individuals.
Central bank official Bogdan Shabria confirmed that the platform aims to make illegal operations economically unviable by blocking them at the entry point and focusing on detecting abnormal transaction patterns in real time.