Federal Security Service of Russia Seeks Powers to Obtain Information From Cr...
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access to Crypto Data for Anti-Corruption Checks in Russia Russia’s main law enforcement agency, the Federal Security Service (FSB), has decided to grant its employees additional powers to acquire information from various organizations and institutions as part of efforts to combat corruption. A draft....
Related News
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us to collect that information is critical,” IRS Commissioner Charles Rettig said. IRS Says It Needs More Authority to Collect Crypto Data IRS Commissioner Charles Rettig said Tuesday during a Senate Finance Committee hearing that the IRS needs more authority to do its job in regulating cryptocurrency. He said: I think we need congressional....
Sergei Mikhailov, head of cybersecurity at the Federal Security Service (FSB) of Russia, his deputy Dmitry Dokuchaev, Ruslan Stoyanov, head of the cyber crime investigations department at Kaspersky Lab and a Ukraine-based journalist Vladimir Anikeev have all been arrested to face charges of treason. The four men are accused of passing on confidential information from within the FSB to the CIA, the central intelligence agency of the US. Stoyanov, an employee of multi-bln dollar cybersecurity firm Kaspersky, is alleged to have passed on sensitive information about the previous Russian....
Recently the Russian State Duma adopted amendments to the law "On Information, Information Technologies and Information Security" that will enable Moscow to tighten its grip on the Internet. The Russian authorities claim that the Internet threatens state sovereignty since it is border-agnostic and, thus, attackers pose a risk to national security as they operate from abroad. Now, the new legislation is attempting to cordon off Russia’s Internet. It obliges companies to store personal data on Russian users on servers located in Russia only. Moreover, companies will have to report to....
The Internal Revenue Service will likely not be penalized for obtaining records on a crypto user from Coinbase or Abra. A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges.In granting a motion to dismiss filed in December, Judge Joseph DiClerico in the District of New Hampshire suggested the Internal Revenue Service has no obligation to honor requests to purge crypto transaction records it received from Coinbase or other exchanges regarding information for federal....
The exchange said it was "categorically false" that it shared user data with Russian regulators, and it had stopped working in the country following the invasion of Ukraine. Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia's financial intelligence unit with customer data potentially related to donations for anti-corruption and anti-Putin activist Alexei Navalny.Reuters reported on Friday that Binance's head of Eastern Europe and Russia Gleb Kostarev met with officials from Russia's Rosfinmonitoring, a....