US EditionNew Cryptocurrency May Be Aiding Russia to Dodge Sanctions
- Russia may use a new cryptocurrency called A7A5 to avoid Western sanctions, according to experts who reported this to AFP.
- A7A5, a stablecoin backed by traditional assets, was launched in February 2025, allowing Russian entities to sidestep sanctions when trading abroad, states the Centre for Information Resilience.
- The cryptocurrency is registered in Kyrgyzstan, providing a crypto-friendly environment with less exposure to sanctions, said project director Leonid Shumakov.
- Elise Thomas from the Centre for Information Resilience noted that the emergence of A7A5 represents a significant step in Russia's efforts to control its financial transactions.
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27 Articles
Russia would now rely on A7A5, a rouble-backed cryptocurrency, to circumvent Western sanctions related to the war in Ukraine. A parallel financial circuit particularly effective according to experts. In less than six months, approximately $150 million would have been accumulated in this cryptocurrency. - "A7A5": Russia bypasses Western sanctions with a new type of cryptocurrency (Economy).
A new cryptocurrency, based on the price of the rouble, could allow Russia to circumvent some of the international financial sanctions, by offering an alternative payment channel to companies and individuals who want to trade with abroad.
In the face of Western sanctions, Russia explores new financial routes with cryptocurrency "A7A5", a stable corner indexed on the ruble On the same subject
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