Russia introduces anti-drop bill capping P2P transfers at 30,000 rubles monthly

Russian lawmakers introduced a bill requiring banks to cap cash deposits and person-to-person transfers at 30,000 rubles per month for clients flagged as suspicious, effective March 1, 2028. The measure targets 'drops' used in illicit schemes, but its broad criteria could affect ordinary users. This signals tightening financial surveillance in Russia, with potential implications for informal economy and remittance flows.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works