The Plenipotentiary of the RF President spoke about the growth of drug-related crime due to cryptocurrency

In early March, bill gates spoke about the danger of cryptocurrency. According to the billionaire, coins are used to buy drugs, and therefore directly involved in the death of people. The theme of banned substances picked up by the Plenipotentiary of RF President in Volga Federal district.

Cryptocurrency and drugs

Mikhail Babich told about the negative impact of cryptocurrency on the fight against drug trafficking at a meeting in Saratov. The words of official results of the RIA. He believes that the crypt opens new opportunities for dealers.

Particularly important application of the drug dealers of non-standard ways of distribution of synthetic drugs and potent substances, which use electronic payment systems and another innovations in the modern world of cryptocurrency, which provides unique opportunities for illicit trafficking in narcotic substances.

Babich emphasized that there are problems which reduce the effectiveness of the measures.

Problems caused by imperfection of the Federal legislation in terms of the unsettled market of cryptocurrencies in Russia, their active use for illicit financial transactions and launder the proceeds of crime, including in the sphere of illegal drug trafficking.

What to do about the problem — envoy said. In any case, the fate and the conditions of the existence of cryptocurrencies in Russia will be solved in the state Duma. One possible innovation would be a separate registry for captainvalor.

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