{"id":1143,"date":"2022-01-15T15:27:57","date_gmt":"2022-01-15T15:27:57","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=1143"},"modified":"2022-01-15T15:27:57","modified_gmt":"2022-01-15T15:27:57","slug":"head-of-investigative-committee-calls-for-mandatory-identification-of-cryptocurrency-users-in-russia","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=1143","title":{"rendered":"Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p><strong>Russians who use cryptocurrency should not be anonymous, the man who chairs Russia\u2019s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. <\/strong><\/p>\n<h2>Anti-Corruption Official Pushes for Rules to Mitigate Risks of Using Cryptocurrency for Illicit Purposes<\/h2>\n<p>Alexander Bastrykin, head of the Investigative Committee of the Russian Federation, believes that people who use cryptocurrencies should not remain anonymous. The high-ranking official shared his opinion in an interview with the government-issued Rossiyskaya Gazeta.<\/p>\n<p>\u201cI have already noted that in connection with the adoption of the federal law \u2018On Digital Financial Assets\u2019 in July 2020, additional risks of using digital currency for criminal purposes may arise, in particular for financing terrorism and extremism,\u201d Bastrykin, a former Deputy Prosecutor General of Russia, told the official newspaper. He elaborated:<\/p>\n<p>Therefore, the circulation of digital currency requires further legal regulation \u2014 first of all, mandatory identification of users of such a currency is necessary.<\/p>\n<p>The status of online platforms providing opportunities to buy and sell cryptocurrencies anonymously is yet to be determined as well, Bastrykin remarked. Websites offering crypto exchange services have had a lot of troubles with Russian regulators and judiciary in the past few years.<\/p>\n<p>Digital coin trading is among a number of crypto-related activities that remains outside the scope of the current legislation on digital assets. A working group set up at the State Duma, the lower house of Russian parliament, is now preparing regulatory proposals to deal with the outstanding issues.<\/p>\n<p>The Investigative Committee is Russia\u2019s main federal investigating and anti-corruption authority, subordinate to the Russian president. It is responsible for combating corruption and conducting investigations into federal governmental bodies, local authorities, and law enforcement agencies.<\/p>\n<p>In August, President Vladimir Putin signed a decree approving the country\u2019s National Anti-Corruption Plan for 2021-2024. As part of the new strategy, the Russian head of state ordered several ministries and the central bank, to prepare inspections of officials who are obliged to disclose their digital asset holdings.<\/p>\n<p>Speaking to RIA Novosti in December 2020, Alexander Bastrykin insisted that cryptocurrency should be recognized as property for the purposes of criminal law and procedures. He emphasized this is a necessary condition for investigating criminal cases in which digital currencies are involved. For example, those of bribe and embezzlement. In November 2021, the Prosecutor General\u2019s Office of Russia proposed to define cryptocurrency as property in the country\u2019s Criminal Code.<\/p>\n<p>Tags in this story<\/p>\n<p>Alexander Bastrykin, Anonymity, anti-corruption authority, Crypto, crypto exchange, crypto platforms, crypto regulations, crypto trading, Cryptocurrencies, Cryptocurrency, Exchange, Holders, Identification, investigating authority, Investigative Committee, owners, Regulations, Russia, russian, trading, users<\/p>\n<p><em><strong>What are your thoughts on Alexander Bastrykin\u2019s proposal to introduce mandatory identification of cryptocurrency users in Russia? Tell us in the comments section below. <\/strong><\/em><\/p>\n<p>Lubomir Tassev <\/p>\n<p class=\"article__body__author__info__about\">\nLubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens\u2019s quote: \u201cBeing a writer is what I am, rather than what I do.\u201d Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.<\/p>\n<p><i class=\"td-icon-font td-icon-mail-1\"\/><\/p>\n<p class=\"images_credits\"><em>Image Credits: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<p><strong>Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<p>More Popular NewsIn Case You Missed It<\/p>\n<p class=\"icymi_title\">Near Foundation Raises $150 Million to Bolster Web3 Adoption<\/p>\n<p class=\"icymi_excerpt\">On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol\u2019s native crypto asset jumped more than 7% &#8230; read more.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/head-of-investigative-committee-calls-for-mandatory-identification-of-cryptocurrency-users-in-russia\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russians who use cryptocurrency should not be anonymous, the man who chairs Russia\u2019s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for Rules to Mitigate Risks of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[1],"tags":[],"class_list":["post-1143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-updates"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1143"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1143\/revisions"}],"predecessor-version":[{"id":1145,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/1143\/revisions\/1145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/1144"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}