Why Is Russia’s Crypto Regulation Treading Water?

[Tnoy30]

Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption.
Russia has long been home to a vibrant crypto retail market, yet the nation’s regulation of digital assets still lags behind. As a spate of stakeholders and disparate regulatory authorities struggles to figure out a coherent policy framework within a bureaucratic system, much of the cryptocurrency industry remains outside the realm of regulated economic activity — to the chagrin of many entrepreneurs.
Read on: https://cointelegraph.com/news/one-step-forward-and-one-step-back-why-is-russias-crypto-regulation-treading-water