Russian regulators have rolled out a route to unblock bank accounts tied to crypto trading. Many customers report sudden card limits after peer-to-peer crypto t ...
What's unique about the cryptocurrency A7A5 is that it appears to be set up not only to circumvent Western sanctions; it also ...
New evidence shows sanctioned Garantex secretly moving millions as Russia expands A7A5 to bypass global sanctions.
A rouble-backed cryptocurrency called A7A5 has seen an explosive rise in usage, with total transfers now crossing $40 billion. This sharp growth, noted by blockchain research firm Elliptic, follows a ...
Sanctions-Defying Ruble-Backed Stablecoin Explodes to $500M – Is This Russia’s Answer to the Dollar?
A new Russian-linked stablecoin, A7A5, has surged to a $500 million market capitalization, becoming the world’s largest non-U.S. dollar stablecoin despite multiple international sanctions. The ...
In a surprising turn within the crypto markets, A7A5, a stablecoin backed by the Russian ruble and issued in Kyrgyzstan, has surged to become the largest non-US dollar stablecoin globally. Despite ...
Simply sign up to the Russian business & finance myFT Digest -- delivered directly to your inbox. A new cryptocurrency token designed to allow cross-border payments in spite of western sanctions on ...
Update (June 26, 9:30 am UTC): This article has been updated to add a comment from Grinex. A7A5, a new Russian ruble-backed stablecoin, has reportedly emerged as a major transaction tool on Grinex, a ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Over on mainFT there’s a story about a new rouble-backed stablecoin, called A7A5, and a new exchange that uses ...
wA7A5 is a wrapped version of A7A5. Since A7A5 is a rebasing token, and rebasing tokens are incompatible with some DeFi platforms like decentralized exchanges (DEXs) because their supply constantly ...
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