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Will EU sanctions choke ruble stablecoin routes into Bitcoin?

Will EU sanctions choke ruble stablecoin routes into Bitcoin?

The European Union (EU) is moving to choke off A7A5, the ruble-backed token routing billions through Kyrgyzstan into European crypto markets, but a...
EU Eyes Sanctions on Russian Ruble-Backed Stablecoin A7A5

EU Eyes Sanctions on Russian Ruble-Backed Stablecoin A7A5

The European Union is weighing a fresh round of sanctions targeting A7A5, a ruble-backed stablecoin that has become the largest non-US-dollar pegge...
Sanctions-Defying Ruble-Backed Stablecoin Explodes to $500M – Is This Russia’s Answer to the Dollar?

Sanctions-Defying Ruble-Backed Stablecoin Explodes to $500M – Is This Russia’s Answer to the Dollar?

Stablecoin A7A5, pegged to the Ruble, has reached a $500M market cap and about 43% of the non-dollar segment. EU penalties are prepared as Elliptic...
EU targets ruble-backed stablecoin A7A5 in new sanctions push

EU targets ruble-backed stablecoin A7A5 in new sanctions push

The European Union is moving to impose sanctions on A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors, according to internal docume...
Market share of non-USD stablecoins expected to grow to 20% by 2028

Market share of non-USD stablecoins expected to grow to 20% by 2028

Stablecoins based on national currencies other than the U.S. dollar are expected to occupy a fifth of the global market within the next couple of y...
A7A5 is now recognized as a digital financial asset in Russia

A7A5 is now recognized as a digital financial asset in Russia

The ruble-pegged stablecoin A7A5 has been recognized as a digital asset under Russian law and will soon facilitate Russia’s cross-border settlement...
Russian Firms Move Billions Using Crypto to Bypass Sanctions: Report

Russian Firms Move Billions Using Crypto to Bypass Sanctions: Report

The post Russian Firms Move Billions Using Crypto to Bypass Sanctions: Report appeared first on Coinpedia Fintech News A recent report from blockch...
Leaked documents implicate Russia in elections interference, sanctions evasion with crypto

Leaked documents implicate Russia in elections interference, sanctions evasion with crypto

Blockchain analytics firm Elliptic has flagged a cache of leaked data from businesses controlled by sanctioned Moldovan oligarch and Kremlin ally I...
Russian-linked crypto wallets channel $8B to skirt sanctions using Tether’s USDT

Russian-linked crypto wallets channel $8B to skirt sanctions using Tether’s USDT

A network of crypto wallets connected to Russian state-linked entities helped move more than $8 billion in digital assets to bypass Western sanctio...
Russians can now buy suspicious A7A5 stablecoins with cards issued by sanctioned bank

Russians can now buy suspicious A7A5 stablecoins with cards issued by sanctioned bank

Russian citizens are now able to purchase the rubble-pegged stablecoin A7A5 using the payment cards of a bank placed under Western sanctions. The c...