💥Russian Agency Reveals End of "Crypto Anonymity".

The Russian agency Rosfinmonitoring has warned its citizens that cryptocurrency exchanges and brokers operating in Russia are sharing transaction data with the authorities. Olga Tisen from Rosfinmonitoring stated that "the anonymity of crypto transfers is a myth", despite the lack of formal regulation. The platforms are "openly admitting" to sending information to government agencies without the need for court orders, as crypto transactions are not subject to banking privacy. The agency will also provide banks with blockchain analysis tools to monitor accounts, strengthening surveillance over the growing crypto market in Russia.