The Russian Constitutional Court recently made an important ruling, recognizing that cryptocurrencies are protected under property law. The origin of this decision is quite interesting—it stems from a civil lawsuit involving a USDT stablecoin loan. Previously, the case was dismissed in lower courts, mainly due to unclear legal definitions.

This time, the high court's stance is very significant: firstly, it clarifies the ownership rights of crypto assets, which means holders now have a clear legal basis for their rights. Secondly, it also limits the scope of mandatory reporting of cryptocurrencies to tax authorities—this serves as a protection for holders.

From an industry perspective, this ruling sets a legal precedent at a crucial time when Russia's regulatory framework is about to undergo new changes. In other words, regardless of future policy adjustments, the fundamental property rights of holders will remain intact. For the entire crypto asset market, this is a kind of stability signal—at least a step forward in legal classification.