Russia FSB plans to extend SORM surveillance rules to crypto exchanges

The Bell reported the security service wants exchanges to install Russia's lawful interception system, extending a push that began after the war in Ukraine to obtain customer data in real time.

Summary

Russia's Federal Security Service, or FSB, is pushing a plan to require cryptocurrency exchanges to install SORM, Russia's lawful interception system, a step that would give security agencies real-time access to user information, The Bell reported. The outlet said the FSB had already proposed forcing exchanges to hand over customer data shortly after the war in Ukraine began, although a SORM installation mandate was not part of those earlier discussions. Alexander Samoilov, an official at the FSB's 12th Center, said deployment of the data-storage and interception infrastructure required under the 2016 Yarovaya law is only about 80% complete after 10 years, a figure industry participants cited by the report said appears overstated; The Bell has also linked broader SORM inspections after the Crocus City Hall attack to tighter state control over Russia's internet infrastructure.

Terms & Concepts
  • SORM: Russia's lawful interception system that gives security agencies access to communications and user data.
  • cryptocurrency exchanges: Platforms where users buy, sell and transfer digital assets.
  • Yarovaya law: A 2016 Russian legislative package that expanded data-retention and surveillance obligations for telecom and internet services.