Russia Moves to Criminalize Illegal Crypto Mining, Tighten AML Oversight

Catenaa, Thursday, May 06, 2025-Russia’s top anti-money laundering agency is pushing to impose criminal penalties on illegal cryptocurrency mining, aiming to curb its use in laundering illicit funds, officials said last week. The Federal Financial Monitoring Service, known as Rosfinmonitoring, has drafted a proposal with backing from the Finance Ministry and the Central Bank. The […] source: https://investors.catenaa.com/news/russia-moves-to-criminalize-illegal-crypto-mining-tighten-aml-oversight