Defi
UK Sanctions Cryptomus and TokenSpot Over Russia's $110 Billion A7A5 Stablecoin Network
COINOTAG·October 9, 2026·1 min read
The UK sanctioned Cryptomus, TokenSpot and two payment firms over Russia's A7 network, whose A7A5 stablecoin processed $110 billion on-chain by June. The action targets infrastructure enabling sanctions evasion, marking a significant enforcement step against dollar-pegged assets used in cross-border settlements.
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