Russia set to regulate BTC, ETH, SOL and XRP as property, limits retail crypto use
The Russian State Duma has advanced new legislation aimed at regulating major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP, officially classifying them as property. The proposed law would allow these digital assets to be traded commercially among businesses, while restricting retail investors to an annual cap of 300,000 rubles, approximately $3,800.