[Russian Constitutional Court to Rule on Property Rights of Stablecoins like USDT] The Russian Constitutional Court will decide whether citizens of the country have property rights over stablecoins such as USDT issued by Tether. Experts state that stablecoins pegged to fiat currencies do not fall under the category of digital financial assets (DFA), and Russia's current 'digital currency circulation' regulations do not apply to USDT. Alexey Guznov, Deputy Governor of the Russian Central Bank, considers stablecoins to be essentially a substitute for currency. This case may establish a legal precedent for stablecoin ownership, with the final ruling expected to be announced by the end of this year. Meanwhile, Russian lawmakers are cracking down on unregulated cryptocurrency-related activities.