Ethereum co-founder Vitalik Buterin urged developers to comprehensively reassess how applications are built on Ethereum, The Block reported. He said core protocol security should be preserved, but developers need a more experimental mindset and more freedom to challenge long-held assumptions about decentralised application design. Buterin highlighted privacy as a priority, saying much of the current application stack would need rebuilding. He also outlined possible shifts in DeFi, oracle design and AI-driven user access.

Russia's central bank is considering a plan that would allow banks and securities firms to operate cryptocurrency exchanges using their existing financial licences, The Block reported on March 6. Under the proposal, firms would receive approval through a notification procedure rather than obtaining a separate new licence. Central Bank Governor Elvira Nabiullina cited existing anti-money laundering and counter-terrorist financing infrastructure. She also proposed limiting banks' risk to 1 percent of capital.