Russia's Deputy Finance Minister Aleksey Moiseev has suggested the country could recognise cryptocurrencies Last year, part of the country's central bank attempts alongside the government to develop rules against illegal transfers. Moiseev suggested monitoring digital currencies could be a way of clamping down on money laundering. "The state needs to know who at every moment of time stands on both sides of the financial chain," he said.
Russia's Deputy Finance Minister Aleksey Moiseev has suggested the country could recognise cryptocurrencies as early as next year, part of the country's central bank attempts alongside the government to develop rules against illegal transfers. Moiseev suggested monitoring digital currencies could be a way of clamping down on money laundering. "The state needs to know who at every moment of time stands on both sides of the financial chain," he said.