Russian authorities plan to control the blockchain-industry, in partnership with the Group of development of financial measures to combat money laundering (FATF). About it on air of TV channel “Russia 24” said Dmitry Peskov, who served as special representative of Russian President for digital development.

He noted that in recent years has increased the scope of the criminal use of digital money. For example, there is financial pyramids and criminal structures are trying to legalize the shadow income through the purchase of scriptaction.

Criminals use the fact that regulators are unable to monitor transactions with cryptocurrencies, as the latter is by nature decentralized. A digital ecosystem is developing rapidly, many of the bills on the regulation of the industry can become outdated even before the entry into force, since the blockchain industry is constantly improved technology, the official said.

About the necessity of control over cryptocurrency transactions previously stated by Deputy Director of Rosfinmonitoring Paul Livadny. Also received information that the financial intelligence wants to develop a control system for cryptocurrency transactions to minimize the risks of unlawful use of electronic money.