The new report argues that the EU is considering sanctions against A7A5, a ruble-backed stubcoin. The company is situationally linked to international money laundering, but there are many unanswered questions.
Meanwhile, tokens have grown prominently despite US sanctions, despite $6 billion since August. The A7A5 is now the world’s largest non-dollar stubcoin, making important intrusions with the Crypto community.
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Sanctions against A7A5?
Since the Kyrgyzstan company launched the A7A5 a few months ago, the assets have attracted a lot of controversy. Although its direct link to the Russian government is unknown, the A7A5 has emerged on suspicion of international money laundering and election interference in Moldova.
To that end, the EU is considering new sanctions on the A7A5 just a few weeks after the US took similar steps. However, it is unclear how much this will be achieved.
Despite increasing legal pressure from major financial markets, the A7A5’s market capitalization has increased, making it the world’s largest non-dollar stability.
The rise of code
In fact, despite the threat of sanctions, the A7A5 has made many intrusions with the international crypto community. The company was recently listed as a Platinum Sponsor for Token2049, a major industry conference.
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Although community backlash and questionable legal status allowed organizers to revoke sponsorship designations, they still played a prominent role.
Furthermore, there is one important data on the effectiveness of sanctions against A7A5, but that is not promising.
Since US sanctions were put in place in August, the token reportedly moved $6 billion from the blacklist wallet, indicating its ability to maintain normal operation.
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Is Russian audit helpful?
Some analysts point to future audits that the Bank of Russia will do in the crypto industry next year. There are several fingerprints connecting the A7A5 to the Russian state, but there is no clear evidence of involvement.
If Western sanctions cannot block the A7A5, perhaps the suspected patrons of their own could raise unpleasant questions.
However, looking at the Russian media outlets, there is another story. This 2026 survey will primarily involve interactions with TRADFI with Web3, including investments in crypto companies and loans.
This measure does not appear to be intended to audit crypto companies themselves.
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Furthermore, on paper, the A7A5 is based in Kyrgyzstan rather than Russia. This stable is supported by the ruble and is widely distributed through Russian companies, but this issue of jurisdiction may provide fig leaves.
If the Bank of Russia does not want to reveal and make any financial contradictions public, there is good reason not to do so.
In other words, we are in the wilderness of the mirror between these unanswered questions, and the crypto money laundering techniques have been improved in the meantime.
The EU could sanction A7A5, but it is unclear how effective this will be. This stability could continue to power cross-border illegal transactions in the near future.