The Central Bank proposes banning minors from opening electronic…
The Central Bank proposes banning minors from opening electronic wallets without parental consent — Izvestia. The Central Bank aims to prohibit teenagers from registering electronic payment instruments (EPIs) without parental consent, according to the pro-government publication 'Izvestia' citing sources.
Consensus
- The Central Bank of Russia is considering a proposal to require parental or guardian consent for minors aged 14 to 18 to open electronic wallets.
- The proposed restriction could be included in the 'Anti-Fraud 3.0' legislative package.
- The initiative is currently under consideration and no final decision has been made.
- The measure aims to minimize the risk of minors being used in high-risk financial operations as front individuals (drop accounts).
Coverage (2 sources)
- Teenagers may be banned from opening electronic wallets — Дождь
- Central Bank proposes banning minors from opening e-wallets without parental consent — Izvestia — Дождь (Telegram)