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Just noticed XRP cleared the threshold for Russia's new crypto bill. It's sitting at $88B market cap now, which puts it alongside BTC, ETH, and SOL in the regulated assets conversation. Pretty interesting that Moscow's building this narrow channel for only the biggest, most liquid tokens rather than opening up the whole market.
The framework has some tight restrictions too - retail caps around $4k annually and privacy coins basically blocked out. So if Russia actually moves forward with this by mid-year, we're looking at a pretty controlled setup. XRP at $1.43 right now with solid volume, but the real story here is how regulators are starting to pick winners. Feels like the days of "all crypto or nothing" are fading fast.