UK Slams the Brakes on Russia’s $9.3B Crypto Scheme
The UK just dropped a hammer on a massive cryptocurrency network allegedly helping Russia dodge sanctions. This network, using a ruble-backed stablecoin, moved billions of dollars, and the UK is not happy. Targeting a Ruble-Backed Stablecoin The UK government sanctioned several banks, crypto exchanges, and individuals involved in a $9.3 billion stablecoin called A7A5. This…
