Depositing funds to e-wallets in Russia will be regulated in a new way: assets to such sites as Yandex.Money, QIWI, WebMoney and PayPal can no longer be deposited anonymously. Corresponding changes were made to the normative act “On the national payment system” and are aimed at suppressing illegal activities and, in particular, money laundering.
It is worth noting that they will affect only payment systems and will not apply to cryptocurrencies yet. However, experts say that over time, the standards will affect them too. Following the rules of the Financial Action Task Force on Anti-Money Laundering obliges crypto platforms to verify their clients. According to experts, the amendments will not in any way affect the demand for digital assets, since participants in the trades are already trying to secure their assets and are ready to go through identification procedures.
The upcoming rollout of Protocol 28 is a big deal for Stellar users, aiming to…
The prominent investor has shown its conviction that BTC is set to drive its price…
XRP price remained relatively stable this week despite trading in the red, while fresh institutional…
Solana’s reversal is imminent, an important development for crypto traders looking to capitalize on emerging…
XRP traded mostly sideways on Friday after a volatile stretch across the crypto market that…
XRP traded in a narrow range on Thursday as traders focused on on-chain signals suggesting…