A tool that allows you to link to an owner. The software also has features that facilitate the monitoring of cryptocurrency transactions, the department told Russian media.
Russian police boast of new cryptocurrency tracking tool on eve of Anti-Corruption Day
An employee of MVD, the Russian Federation’s Ministry of Internal Affairs, said that a specialized ” A digital platform called “Law Enforcement Personal Accounts,” reports Tass. The ministry told the news agency that it is using a new system to identify cryptocurrency wallet owners.
“This digital project has already been implemented and is operating successfully,” said Police Lt. He told Tass on the eve of the anti-government protests. Corruption Day enacted on December 9th. Raise public awareness of efforts to combat corruption.
Kurnosenko said the analytical tool would allow his colleagues to quickly receive and evaluate the information collected on specific financial risks in the Russian economy, and use it within national projects in the fight against cybercrime and other areas.
A senior MVD official also explained that the integrated product will include modules developed to help investigators monitor cryptocurrency transactions. emphasized that “We already have positive experience using this tool to identify malicious owners of cryptocurrency wallets,” General pointed out without further elaborating.
MVD’s announcement of new cryptocurrency tracking capabilities came in April when the Ministry of Finance responded to a number of proposals submitted by Russian law enforcement agencies as part of a move to regulate the country’s cryptocurrency space. It was done after acceptance for review. One of the areas addressed was the seizure of digital assets and the reporting of crypto trading data.
News came out two years before him that Russian authorities were developing a platform to track and analyze transactions involving cryptocurrencies. At the time, in August 2020, a prototype of the system, allegedly employing artificial intelligence technology, was under testing.
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