May 24, 2024

Rise To Thrive

Investing guide, latest news & videos!

Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot

1 min read
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot
Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System PilotThe Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected to run until April, but can be extended. […]