TechFlow news, on December 25, the Central Bank of Russia is developing a new monitoring platform to combat illegal cryptocurrency OTC trading services and strengthen financial security.
According to sources, this initiative is being implemented in cooperation with Rosfinmonitoring. The platform will centralize information on suspicious activities, enabling banks to take preemptive actions to deny account openings for high-risk individuals.
Bogdan Shablya, Director of the Central Bank's Financial Monitoring and Currency Control Service, confirmed that the platform aims to make illegal financial operations economically unviable by blocking them at entry points. Unlike KYC systems that primarily monitor enterprises and heavily rely on passive measures, this platform will proactively target individual accounts and focus on real-time detection of anomalous transaction patterns.
