Several Russian banks investigate customer USDT transactions, relevant regulatory rules have not yet been implemented

According to RBC, several Russian banks have requested corporate clients to disclose the economic purpose of purchasing USDT and confirm that the counterparty has been included in the central bank's register of digital asset exchange operators. Due to the fact that the register has not yet been established and relevant regulatory rules are still being formulated, the bank's requirements cannot be met at the legal level. Lawyer Elizaveta Lobuteva stated that such requests are part of routine compliance review and preparation for future regulatory changes.