By eu-sanctions-ruble-stablecoin-a7a5 Key highlights: EU eyes sanctions on A7A5, the ruble-backed stablecoin rising fast A7A5’s value jumped 250% after earlier crypto restrictions Europe moves to curb Russia’s growing influence in digital assets The ruble-backed stablecoin has become the world’s largest non-dollar token The European Union is preparing a fresh wave of sanctions targeting A7A5, […]
Tag: Moscow
By Samuel Edyme The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions of dollars in transactions. According to a statement from the […]