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Published 3 years ago

Russia grants $200K to build tool for tracing crypto transactions

Summary by Ground News
The Russian Federal Financial Monitoring Service (Rosfinmonitoring) has selected a contractor for developing a platform for tracking cryptocurrency activity. The procurement contract was granted to a company referred to as RCO, which is reportedly indirectly backed by the Russian largest bank, Sber. The platform will be designed to compile detailed profiles of crypto users and assess their role in the economic activity.

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