WalletConnect recently announced that it will restrict connection requests from certain regions.
This adjustment is primarily to respond to increasingly stringent global regulatory requirements.
As a decentralized protocol, WalletConnect promotes decentralized governance and staking incentive mechanisms through the $WCT token, enhancing the stability of its ecosystem.
Meanwhile, the addition of Solana has made an important step for WalletConnect in multi-chain support.
As developers or users, we should pay attention to these changes and benefit from them.
Through these adjustments, WalletConnect can provide a more compliant and reliable connection experience globally.