Russian-Linked A7A5 Stablecoin Facilitates Billions of Dollars in Sanctions-Evading Transactions Across Global Markets

[»] Jump to Summary... Since the February 2022 invasion of Ukraine, Russia has faced sweeping sanctions that cut off the country from the global financial system. Mastercard and Visa cards issued in Russia stopped working internationally, and Russian banks were removed from SWIFT, limiting cross-border commerce. Faced with these restrictions, Russia has increasingly leaned on

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