BestChange has tightened its rules for cryptocurrency exchanges to address increased banking restrictions, significantly reducing user complaints.
In response to increasing banking restrictions impacting P2P cryptocurrency exchanges, BestChange has implemented stringent new rules affecting dozens of services. This crackdown follows the introduction of laws 115-FZ and 161-FZ in 2025, which not only targeted fraudsters but also disrupted regular users, including investors, traders, miners, and freelancers.
Evgeny Alekseev, BestChange's product manager, explained that the rise in banking card blockages is tied to a surge in high-risk traffic within the cryptocurrency space, which has attracted scrutiny from regulators. Initially, fraudsters exploited P2P exchanges, but the situation escalated as legitimate users found themselves caught in the crossfire of enhanced fraud prevention measures. This led to widespread complaints from users who were penalized for receiving funds linked to suspicious activities.
Understanding Exchange Rate Anomalies
Alekseev noted that exchange rates significantly higher than the market norm, typically by 10-15%, often indicate that users' cards may be utilized for transactions involving dubious sources. He cautioned users to be wary of seemingly attractive rates that could ultimately lead to account blockages and legal troubles.
BestChange's New Monitoring Standards
In October 2025, BestChange adopted new compliance standards, resulting in the exclusion of 95 high-risk exchange points. Services were required to make substantial changes to their operations, and BestChange conducted thorough checks before reinstating any exchanges. This initiative is part of a broader strategy to enhance user safety and transparency.
To maintain stringent oversight, BestChange now conducts daily monitoring of all exchange services. Any attempts to revert to high-risk methods will lead to immediate exclusion from the platform. Additionally, anonymous evaluations are performed to ensure compliance with regulations, particularly regarding anti-money laundering (AML) and know your customer (KYC) guidelines.
Impact on the Cryptocurrency Exchange Landscape
The measures have resulted in a 75% reduction in blockages for exchanges monitored by BestChange, demonstrating the effectiveness of the new protocols. In cases where issues arise, they are addressed swiftly, and problematic exchange options are hidden until compliance is achieved. This approach aims to deter the use of "shadow" payment methods, encouraging exchanges to operate legitimately.
Alekseev emphasized that the primary goal is to ensure user safety and peace of mind. He stated, "The true criterion for a successful exchange is safety and peace of mind after the transaction." BestChange is willing to sacrifice the number of listed exchanges to prioritize these values.
