Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia


Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins.

Anti-Corruption Official Pushes for Rules to Mitigate Risks of Using Cryptocurrency for Illicit Purposes

Alexander Bastrykin, head of the Investigative Committee of the Russian Federation, believes that people who use cryptocurrencies should not remain anonymous. The high-ranking official shared his opinion in an interview with the government-issued Rossiyskaya Gazeta.

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“I have already noted that in connection with the adoption of the federal law ‘On Digital Financial Assets’ in July 2020, additional risks of using digital currency for criminal

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