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

Total exchange volumes have reached $8.5 billion, with 61% traded between A7A5 and rubles. The rest are trades between A7A5 ...

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

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

The EU has sanctioned A7 platform and pro-Kremlin influencer Simeon Boikov for using crypto to influence elections and evade ...

Brussels imposed sanctions on multiple actors who leveraged cryptocurrencies to skirt controls, move funds, and amplify pro‑Kremlin disinformation and interference in elections.

A7A5, a new stablecoin backed by the Russian ruble, has reportedly been involved in $9.3 billion worth of transactions with Grinex, which denies any ties to the sanctioned exchange Garantex.

A7A5 is also registered in Kyrgyzstan rather than Russia because the country offers a crypto-friendly legal environment and is less exposed to “sanctions and other economic pressures,” project ...

A7A5 is a stablecoin -- a form of cryptocurrency backed by traditional assets -- in this case pegged to the ruble, making it harder for Western authorities to monitor than dollar-based alternatives.