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General Category => Europe => Russia => Topic started by: ruf on June 27, 2025, 09:53:44 AM
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Sanctions-Busting Kyrgyz Cryptocurrency Moves $9 Bln ? FT
The stablecoin, A7A5, is pegged to the ruble and backed by ruble deposits at Russia?s state-run Promsvyazbank.
Source: Sanctions-Busting Kyrgyz Cryptocurrency Moves $9 Bln ? FT (https://www.themoscowtimes.com/2025/06/25/sanctions-busting-kyrgyz-cryptocurrency-moves-9-bln-ft-a89566)