PANews reported on December 25 that according to Cryptonews, the Russian Central Bank is working with the financial monitoring agency Rosfinmonitoring to develop a centralized monitoring platform to identify and prevent the use of "account transfer" for illegal financial activities, including over-the-counter (OTC) cryptocurrency transactions. The platform will integrate abnormal transaction information, actively identify high-risk accounts through AI data analysis and real-time monitoring, and share data with banks to prevent risks.
Currently, the illegal transaction volume of cash withdrawals through personal accounts in Russia reached 44.9 billion rubles (about 491 million US dollars) in 2023. Mainstream banks (such as Sber and VTB) support the plan, and the platform will set up a dispute resolution mechanism to protect the rights and interests of legitimate users. At present, there is no clear launch time for the platform.
