Russia’s feared FSB to gain access to private keys of crypto wallets
Russia's Federal Security Service (FSB) will reportedly get immediate, round-the-clock access to private keys of custodial crypto wallets held by Russian citizens and firms. The Central Bank of Russia announced the move despite objections from the Association of Banks of Russia, which had sought to deny the agency access to keys and signing tools. For traders, it signals heavier state oversight of custody in a newly legalized market.