EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors

The European Union is reportedly contemplating sanctions focusing on A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. In line with paperwork reviewed by Bloomberg, the proposed measures would bar EU-based entities and people from partaking immediately or not directly in transactions involving the token and would additionally goal a number of banks in Russia, Belarus and Central Asia alleged […]



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