In Russia, cryptocurrency cashing recognized as a way of money laundering


The first point on the agenda was to make changes to the ruling of the Sun of July 7, 2015 No. 32 on the legalization of funds acquired by criminal means. In a new explanation, it is said that the cashing of cryptocurrency falls under Articles 174 and 174.1 of the Criminal Code of the Russian Federation and is considered illegal if the punges were obtained by illegally

According to Alexander Chervotkina, the head of the department, the impulse for such a decision was the recommendation of FATF to take urgent measures to combat virtual currencies in criminal purposes. However, these standards were adopted by Russia in 2017 and began to act since the beginning of last year.

Although the country has not yet been established by the legal status of cryptocurrency, but the plenum refers to the fact that in the judicial practice of the Russian Federation there are enough examples of using a virtual currency in illegal transactions. In particular, when selling drugs.

Recall that earlier