WalletConnect Limits Service in Russia Amid Regulatory Guidance

Recent regulatory guidance has prompted WalletConnect to limit its services in Russia. With a brief hiccup in Ukraine that saw a swift resolution, it’s clear that the balance between tech innovation and global regulations remains a tightrope walk. 🌐🔒 #WalletConnectUpdates #CryptoRegulationMatters.

Russia’s Federal Tax Service to Regulate Cryptocurrency Industry

Russia’s cryptocurrency industry will be primarily regulated by the Federal Tax Service, according to the country’s Deputy Minister of Finance. Also involved in this regulatory framework will be the Federal Financial Supervisory Service and the Central Bank. Stay updated with us for more on this developing story! #CryptoRegulation #Russia #CryptoNews

Moscow Exchange To Become a Cryptocurrency Exchange

MOEX is imposing a bill to make it a crypto exchange. The measure lies in the hands of the Central Bank. Twitter users have criticized the move by the Moscow Exchange. The largest stock market, the Moscow Stock Exchange (MOEX), has agreed to draft legislation allowing it to function as a cryptocurrency exchange. This is brought to us by an update from the Bitcoin Archive. The demand for cryptocurrencies grows day by day, and various governments, notably Russia, are seeking measures to satisfy it. The measure by the Moscow exchange is presently in the hands of the Central Bank, which