Russia will allow major cryptocurrencies such as Bitcoin, Ethereum, and Solana to enter its market.

CoinFeed reported on March 24 that, according to Cryptopolitan, the Russian government's Legislative Activities Committee has approved a bill regulating cryptocurrency trading, which will allow the country's cryptocurrency exchanges to list the digital assets with the largest market capitalization and trading volume. According to the bill, cryptocurrencies permitted for trading must meet the following criteria: an average market capitalization exceeding 5 trillion rubles (approximately $60 billion) over the past two years, an average daily trading volume of at least 1 trillion rubles (approximately $12 billion), and at least five years of trading history. Major cryptocurrencies such as Bitcoin, Ethereum, and Solana meet these standards. The bill grants the Central Bank of Russia the power to determine the list of digital assets allowed for circulation and authorizes financial intelligence agencies to blacklist specific cryptocurrencies; privacy coins will be prohibited from trading. Cryptocurrencies and stablecoins are classified as "monetary assets," and the annual investment amount for ordinary Russian citizens will be limited to less than $4,000.