Launched in Kyrgyzstan, A7A5 has reportedly processed $41.2B in transaction volume, with a spike during this month, according ...

On January 15, however, the outgoing Biden Administration Treasury Department slapped sanctions on Kyrgyzstan’s Keremet Bank, ...

A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction ...

A Ruble-backed stablecoin tied to a Russian defense bank and a sanctioned payments firm has seen its usage spike sharply, with over $40 billion moved through ...

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid ...

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid ...

A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction volumes in July, with funds moved through the coin surging past $40 ...

Russia evades sanctions using Kyrgyz crypto; TRM Labs links shell firms, stablecoins, and weak laws to illicit financial ...

A stablecoin, A7A5 enables cross-border payments that most Russian banks cannot offer. Reuters could not independently determine the source of funds in A7A5 or the reasons for the transfers.

Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid Western sanctions, experts have told AFP.

Russian individuals and groups are using Kyrgyzstan’s cryptocurrency ecosystem to evade international sanctions, according to ...