Tag: sanctions

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US Treasury Sanctions Iran-Linked Crypto Exchanges for First Time

The United States Treasury has sanctioned two cryptocurrency exchanges linked to Iran’s financial system, marking the first time Washington has directly targeted digital asset...

Russia’s ruble-pegged stablecoin helped evade sanctions to the tune of $100 billion

Elliptic says the ruble-pegged A7A5 processed nearly 250,000 onchain transactions, demonstrating how stablecoins facilitate cross-border flows under sanctions pressure.

A ruble stablecoin outpaced market leaders last year despite international sanctions

A7A5, a ruble-linked stablecoin few outside Russia had heard of a year ago grew the most of any stablecoin, outpacing both USDT and USDC...