Russia to require banks to report on client crypto transactions

Russia’s monetary authority intends to oblige commercial banks to provide detailed reports on their customers’ transactions related to cryptocurrency. The policy is part of new reporting requirements that concern all cross-border transfers made by Russians and comes ahead of the full regulation of the crypto market planned for this year. Bank of Russia wants to […] source: https://www.cryptopolitan.com/russia-to-require-banks-to-report-on-client-crypto-transactions/