Definition
Legal recognition of cryptocurrency and related digital assets as property (or digital rights) with judicial protection, distinct from treating them solely as payment instruments — a common design in emerging national crypto frameworks.
Key Points
- 2026-07-21: Russia bill No. 1194918-8 recognizes digital currency/rights as property while banning domestic payment use (russia-crypto-digital-rights-law)
- Enables licensed investment/trading rails and cross-border settlement without making crypto legal tender
- Compare: vasp-regulation, stablecoin-regulation, mica
Warning
Russian statute still pending federation-council approval and presidential signature as of Duma passage.
Contradiction
Qualified-investor purchase/transfer caps conflict across outlets (3M/1M RUB vs “unrestricted”) — see russia-crypto-digital-rights-law.
Related
- cryptocurrency
- vasp-regulation
- russia-crypto-regulation
- stablecoin-regulation
- federation-council
- state-duma
- bank-of-russia