Tag: Moscow

EU Hits Russia With Toughest Crypto Crackdown Yet

By Conor Maloney The European Union agreed on Thursday to its 21st sanctions package against Russia. EU persons are now barred from transacting with 11 unnamed crypto operators and 94 banks and financial institutions. While names of the 11 crypto platforms have been withheld, the EU has revealed that they mostly operate in Belarus and […]

EU Moves to Sanction A7A5 as Ruble Stablecoin Becomes a Global Giant

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, […]