Russia and EU Take Stance on Crypto Regulation Amid Sanctions Tension

The Bank of Russia has published its first framework for organized digital-asset trading. The new guidelines aim to regulate the market, but critics argue they may stifle innovation.

Meanwhile, the European Union (EU) has approved a new sanctions package that targets Russian crypto operators and expands enforcement against sanctions evasion.

Russia's State Duma has passed a landmark law regulating the crypto market, sending it to President Putin for signature. The bill is expected to be finalized in coming weeks.