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Analysis: A7A5, billed as the first Russian ruble-pegged stablecoin for cross-border payments, has moved $9.3B on a dedicated exchange after a February launch (Financial Times)

Financial Times : Analysis: A7A5, billed as the first Russian ruble-pegged stablecoin for cross-border payments, has moved $9.3B on a dedi...

28 March 2024

Sources: the US and UK are reviewing $20B+ in Tether transactions through Moscow-based crypto exchange Garantex, as part of a crackdown on sanctions evasions (Bloomberg)

Bloomberg:
Sources: the US and UK are reviewing $20B+ in Tether transactions through Moscow-based crypto exchange Garantex, as part of a crackdown on sanctions evasions  —  - Allies review Tether transfers to sanctioned exchange Garantex  — Tether says it works with law enforcement to ensure compliance

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