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Eurasianet on MSNAs sanctions hamper Kyrgyz banking sector, crypto trading booms
There are signs that western measures and a domestic crackdown on Kyrgyzstan’s traditional banking sector are starting to bite, hindering Russian efforts to evade sanctions. Yet, booming transactions ...
The volume of crypto asset transactions in Kyrgyzstan has reached $7 billion, according to the head of the nation’s state-controlled investment agency.
A Ruble-backed stablecoin tied to a Russian defense bank and a sanctioned payments firm has seen its usage spike sharply, with over $40 billion moved through ...
Launched in Kyrgyzstan, A7A5 has reportedly processed $41.2B in transaction volume, with a spike during this month, according ...
A rouble-backed stablecoin that could help Russia circumvent Western restrictions on payments has seen a jump in transaction ...
Earlier this year, the cryptocurrency space was negatively impacted by the collapse of CBEX, a supposed trading platform that defrauded investors.
Russia evades sanctions using Kyrgyz crypto; TRM Labs links shell firms, stablecoins, and weak laws to illicit financial ...
Russian individuals and groups are using Kyrgyzstan’s cryptocurrency ecosystem to evade international sanctions, according to ...
Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid ...
Russia could be turning to a new cryptocurrency called A7A5 to allow money to flow in and out of the country and avoid ...
Russian entities are exploiting Kyrgyzstan’s crypto infrastructure to bypass sanctions and procure dual-use goods for use in ...
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