Russia Tightens Crypto Scrutiny: Impact on Market Dynamics & Compliance

The Russian Central Bank is taking a more assertive stance on cryptocurrency regulations, aiming to strengthen AML protocols and improve transparency in digital financial activities. This initiative has the potential to impact major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), potentially influencing market dynamics within Russian financial institutions. 🕵️‍♂️ While details remain limited, it signals a shift towards greater international compliance standards.