Russian authorities are planning to introduce additional controls over bank transactions carried out with funds from cryptocurrencies, as the state looks to stamp out money laundering conducted by converting digital assets. That’s according to German Neglyad, the deputy head of Russia's Financial Monitoring Service, Rosfinmonitoring. With the growth in popularity of cryptocurrencies, virtual assets like bitcoin are being used more and more as a way to launder illegally gotten gains. Last summer, a law signed by Russian President Vladimir Putin legalized digital currency, lifting it out of an unregulated ‘grey zone’, but didn't go as fa
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