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HomeTagsA7A5 stablecoin sanctions

A7A5 stablecoin sanctions

A7A5 Stablecoin Sanctions: EU Targets Ruble-Backed Tokens

The European Union is reportedly drafting sanctions aimed at the A7A5 stablecoin, a ruble-backed cryptocurrency linked to several sanctioned Russian actors.This move reflects growing concerns over the use of digital currencies in circumventing existing financial regulations and facilitating crypto transactions that can support illicit activities.

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