{"id":16443,"date":"2024-08-27T17:34:09","date_gmt":"2024-08-27T14:34:09","guid":{"rendered":"https:\/\/forklog.com\/en\/russia-allocates-10-6-billion-rubles-for-bitcoin-holder-identification\/"},"modified":"2024-08-27T17:34:09","modified_gmt":"2024-08-27T14:34:09","slug":"russia-allocates-10-6-billion-rubles-for-bitcoin-holder-identification","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/russia-allocates-10-6-billion-rubles-for-bitcoin-holder-identification\/","title":{"rendered":"Russia Allocates 10.6 Billion Rubles for Bitcoin Holder Identification"},"content":{"rendered":"<p>By 2030, Rosfinmonitoring will receive 10.61 billion rubles to develop a digital platform aimed at combating money laundering. One of its functions will be to monitor cryptocurrency transactions, facilitating the identification of bitcoin wallet holders, according to <a href=\"https:\/\/www.cnews.ru\/news\/top\/2024-08-26_tsifrovaya_platforma_dlya_deanonimizatsii\">local media<\/a>.<\/p>\n<p>Under the &#8220;Digital State Governance&#8221; project, the platform will connect five federal executive bodies under the coordination of Rosfinmonitoring.\u00a0<\/p>\n<p>The initiative is based on the &#8220;Transparent Blockchain&#8221; tool, which can cluster suspicious cryptocurrency operations. In addition to creating a list of potential violators, Rosfinmonitoring will be able to request information from legal entities and individual entrepreneurs about their transactions with digital currency obtained through mining.<\/p>\n<p>In April, the Central Bank of Russia, Rosfinmonitoring, and five major banks <a href=\"https:\/\/forklog.com\/en\/news\/five-russian-banks-pilot-bitcoin-transaction-tracking\">launched a pilot<\/a> to establish links between fiat and cryptocurrency transactions of users.\u00a0<\/p>\n<p>Since July 25, a new mechanism for returning funds stolen by fraudsters has been in effect in Russian banks. It is capable of significantly complicating P2P cryptocurrency exchange operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By 2030, Rosfinmonitoring will receive 10.61 billion rubles to develop a digital platform aimed at combating money laundering. One of its functions will be to monitor cryptocurrency transactions, facilitating the identification of bitcoin wallet holders, according to local media. Under the &#8220;Digital State Governance&#8221; project, the platform will connect five federal executive bodies under the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1292,1516,27],"class_list":["post-16443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-aml-kyc","tag-rosfinmonitoring","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16443"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16442"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}