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In Russia, a proposal has been made to assign the FSB the investigation of illegal cryptocurrency transactions., 2026/04/13 09:55:25
A member of the Public Chamber of Russia’s commission for the examination of legislative proposals, Evgeny Masharov, stated that the Federal Security Service (FSB) should be responsible for investigating illegal transactions involving digital assets.
According to him, a significant number of cryptocurrency exchange services may remain outside the legal framework.
“Criminal liability for unlawful operations with cryptocurrency is an essential component of regulating this sector. The operational support for identifying such crimes should be assigned to the FSB. Many crypto exchanges are planning to continue their activities underground,” Masharov remarked.
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He emphasized that without a clear system of accountability and law enforcement practices, the crypto market will persist in operating within a gray area. In such circumstances, exchange services could be exploited by fraudulent groups and used for legitimizing funds obtained through illegal means, including money stolen from the budget.
“Currently, crypto exchanges are closely monitoring the situation while awaiting new regulations. Some may experience technical defaults under the guise of potential regulation and disappear with the funds,” Masharov noted.
The expert added that the foundation for creating a comprehensive infrastructure, including a cryptocurrency exchange, broker, and exchange service, could be established by the Moscow Exchange.
Earlier, Evgeny Masharov mentioned that prior to the implementation of mandatory biometric identification for issuing microloans, illegal lenders have begun to show increased activity by offering loans in cryptocurrencies.
