New Cryptocurrency May Be Aiding Russia to Dodge Sanctions
- Russia is using a new cryptocurrency called A7A5 to avoid Western sanctions, according to experts from AFP.
- A7A5 was launched in February 2025, providing an alternative payment method for Russian businesses and individuals.
- A7A5 is a stablecoin pegged to the ruble, making it harder to monitor for Western authorities.
- Approximately $150 million is currently held in A7A5.
26 Articles
26 Articles
Russia would now rely on A7A5, a rouble-backed cryptocurrency, to circumvent Western sanctions related to the war in Ukraine. A parallel financial circuit particularly effective according to experts. In less than six months, approximately $150 million would have been accumulated in this cryptocurrency. - "A7A5": Russia bypasses Western sanctions with a new type of cryptocurrency (Economy).
A new cryptocurrency, based on the price of the rouble, could allow Russia to circumvent some of the international financial sanctions, by offering an alternative payment channel to companies and individuals who want to trade with abroad.
In the face of Western sanctions, Russia explores new financial routes with cryptocurrency "A7A5", a stable corner indexed on the ruble On the same subject
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