On October 18, 2025, UN sanctions were reimposed on Iran after the European Union triggered a ‘snapback’ mechanism, effectively ending efforts to revive the JCPOA. This move could […]
Huione Group Sanctions Trigger Market Response from OKX
The international sanctions imposed on Huione Group, a company involved in financial misconduct, have triggered significant market disruption. The US government’s move to sanction the group, along with […]
OKX Imposes Strict AML Controls Following Sanctions on Huione Group
In response to U.S. Treasury sanctions against the Cambodian conglomerate Huione Group, which allegedly laundered billions through digital assets, OKX has implemented stricter anti-money laundering (AML) controls for […]
EU Weighs Sanctions on Russian Stablecoin A7A5 Amidst Geopolitical Tensions
The European Union is intensifying its efforts to combat Russia’s use of cryptocurrency for circumventing sanctions. Reports indicate the EU is considering sanctions against A7A5, a Russian-backed stablecoin […]
EU Considers Sanctions on Ruble-Backed Stablecoin A7A5
The European Union is exploring sanctions against A7A5, a Russian ruble-backed stablecoin that boasts the largest non-US-dollar pegged stablecoin market share. The proposed sanctions would restrict EU-based organizations […]
Russia Launches Ruble-Backed Stablecoin to Circumvent Sanctions
Russia has launched A7A5, a ruble-backed stablecoin designed to circumvent US sanctions and facilitate international trade. Promsvyazbank, a state-affiliated bank, is spearheading the launch. The initiative aims to […]
Russian Crypto Network Fuels $6 Billion Cross-Border Payments Amidst Sanctions
A Kremlin-backed crypto network has processed over $6 billion in cross-border payments using the A7A5 stablecoin, challenging US sanctions on the company and raising concerns about regulatory compliance. […]
TOKEN2049 Cuts Ties with A7A5 Over Sanctions Controversy
The TOKEN2049 conference has removed A7A5, a stablecoin backed by Russian rubles, from its sponsorship lineup following scrutiny of the company’s ties to sanctioned entities. This decision highlights […]
TOKEN2049 Removes A7A5 References Amid Sanctions Over Russia’s Evasion
The TOKEN2049 conference in Singapore has removed all references to the A7A5 stablecoin project following reports of U.S. and U.K. sanctions aimed at preventing Russian sanctions evasion. This […]
Sanctioned Rouble-Backed Stablecoin Thrives in Asia’s Crypto Scene
Despite US sanctions targeting the project, a rouble-backed stablecoin linked to a Russian defense lender has gained attention at this week’s TOKEN2049 event in Singapore. A7A5, created in […]
Belarus Orders Banks to Expand Crypto Use Amid Sanctions
Facing pressure from Western sanctions, Belarusian President Alexander Lukashenko has directed banks to increase cryptocurrency usage. This move aims to bolster cross-border trade and facilitate digital asset transactions. […]
Belarus Records $1.7 Billion in Crypto Payments, Fuelled By Sanctions
In a remarkable development, Belarus has surpassed a record $1.7 billion in cryptocurrency payments via local exchanges during the first seven months of 2025. This surge in crypto […]
Belarus Embraces Cryptocurrency as a Solution to Economic Strain from Sanctions
In response to Western sanctions crippling its economy, Belarus is turning towards cryptocurrencies for international payments and financial resilience. President Alexander Lukashenko has urged banks to utilize digital […]
Belarus Encourages Banks to Embrace Crypto Amid Sanctions
Facing severe economic sanctions, Belarus is leveraging cryptocurrency as a key strategic tool to bolster its economy and trade operations. President Alexander Lukashenko has directed the nation’s banking […]
Belarus Embraces Cryptocurrency Amidst Sanctions, Aims for a Crypto-Based Financial System
With sanctions limiting traditional trade channels, Belarus is turning towards cryptocurrency. Crypto funds in the nation reached $1.7 billion in the first seven months of 2025, with projections […]