Russian Financial Regulator Thinks These Cryptocurrencies Are The Most Popular Among Criminals
German Neglyad, a head of the Russian Financial Monitoring, revealed that the government works together with the banks in regulating the cryptocurrency transactions. Banks inform the state about the exchange operations.
In future, the regulator is going to cooperate with the Rusian Central Bank to pay more attention to the suspicious operations with the digital assets. The most popular crypto assets among the criminals, as it was revealed in the process of research, are Bitcoin, Ethereum and Monero.
Back in February, the same regulator developed a special software to analyze the crypto transactions. Its purpose is to prevent financial crimes. It is called Transparent Blockchain and will allow to track all the movements of crypto in a country.