Russian experts are discussing the feasibility of yet another stage of cryptocurrency verification, which could allow Moscow to partially de-anonymize Bitcoins (BTC), Ethereum (ETH) and even security tokens such as Monero (XMR).
Yesterday, a source of local news reported seeing evidence that the Federal Financial Monitoring Service (known as Rosfinmonitoring), an administrative organization, accused of counteracting illegal tax evasion and subsidizing psychological war, created a model for artificial intelligence a fractional “stage of de-anonymization”. The scene would allegedly allow the authorities to find out who in Russia is sending to whom BTC, ETH and others.
The organization stated that it needed a promise to spend more than $10 million to send the scene.
According to the communication “Limy”, Dmitry Zakharov, the General Director of the Moscow Digital School, said that the enterprise “Rosfinmonitoring” could “really” work, but faced with “certain problems” because most hooligans are so attentive, to hide your tracks.
He said to me,
“Offenders isolate exchanges for small exchanges made on different deliveries before sending them to cryptocurrency transactions”.
According to Zakharov, in order to adequately monitor the cryptocurrency in Russia, “all market participants” must “act together”, “welcoming tokens and freezing accounts at the auctions”.
Besides, for real nameless reasons, most of the favourite defenders, no matter what, like to make money on deals.
The source of the news further quotes a lawyer who expressed the view that any stage of verification that Rosfinmonitoring is of paramount importance is likely to be unable to track individual clients and erratic exchanges. However, its interface with artificial intelligence and artificial intelligence can help it to recognize illegal and unregistered cryptocurrency transactions and financiers.
Meanwhile, Alexander Butmanov, the head of DTI’s Blockchain firm, told B that he agreed that $10 million was all that could be needed to realize this undertaking, believing that current costs would probably pay off “several million dollars a year” to pay for staff and workers costs.
He pointed out, however, that if the true purpose of the organization was to eliminate misconduct and oppression based on fear, it had looked in the wrong place through cryptographic surveillance programmes.
He expressed an opinion,
“The level of psychological overwhelming financing channelled using digital currencies in Russia is practically equal to zero, and only a small level of all money that is laundered [in Russia] is made using cryptocurrency”.