Bitcoin

EU to Ban Ruble-Backed A7A5 Stablecoin to Tighten Sanctions on Russia

The measure bans all EU-based financial institutions and virtual asset service providers from facilitating transactions involving A7A5. According to EU sources, the token is viewed as “a prominent tool for financing activities supporting the war of aggression.”

In addition, the EU sanctions block certain Russian banks, energy firms, and entities in Asia and the Middle East suspected of helping Moscow evade restrictions. EU officials emphasized that this prohibition extends to indirect facilitation, including clearing, settlement, or custody of A7A5-linked assets. 

Regulators within the are developing compliance frameworks that banks, exchanges, and fintech companies must follow to ensure complete enforcement. The European Central Bank will serve as a coordinator in tracking suspicious flows of ruble-value assets or digital tokens originating from licensed financial institutions.

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