According to ChainCatcher, the Central Bank of Russia is developing a new monitoring platform to combat illegal cryptocurrency over-the-counter trading services and enhance financial security.
This initiative is implemented in collaboration with Rosfinmonitoring, the platform will concentrate information on suspicious activities, allowing banks to refuse high-risk individuals from opening accounts.
Central Bank official Bogdan Shabliya confirmed that the platform's goal is to make illegal operations economically unfeasible by blocking them at entry points and focusing on real-time detection of abnormal trading patterns.
