EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors

EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian ActorsThe European Union is reportedly considering sanctions targeting A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. According to documents reviewed by Bloomberg, the proposed measures would bar EU-based entities and individuals from engaging directly or indirectly in transactions involving the token and would also target several banks in Russia, Belarus and Central Asia alleged […]

Source: https://news.bitcoin.com/eu-considers-sanctions-on-ruble-backed-stablecoin-a7a5-linked-to-sanctioned-russian-actors/