Kremlin-backed crypto coin moves $6bn despite US sanctions

Financial TimesMonday, October 6, 2025 at 4:00:22 AM
Kremlin-backed crypto coin moves $6bn despite US sanctions
The Kremlin-backed A7A5 token has successfully facilitated $6 billion in financial transactions, showcasing its potential to enable Russian financial flows despite stringent US sanctions. This development is significant as it highlights how cryptocurrencies can be utilized to circumvent traditional financial restrictions, potentially reshaping the landscape of international finance and trade.
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