The European Union is tightening the screws on Moscow’s financial workarounds. This time, the focus is on A7A5, a ruble-backed stablecoin that’s quietly processed $68B+ in transactions since launch.
Why it matters:
⪼ A7A5 has become a key tool for sanctions evasion, letting money flow around restrictions.
⪼ Backed by Russia’s state-linked Promsvyazbank, the token currently has ~$496M in circulation.
⪼ The EU’s new proposal would ban all EU entities from trading or dealing with A7A5.
⪼ To cut off loopholes, the crackdown may extend to banks in Russia, Belarus, and Central Asia tied to these flows.
This move underscores a bigger truth: crypto isn’t just about markets, it’s a front line in geopolitics.
👉 What do you think? Will banning A7A5 truly choke Russia’s crypto lifeline, or will another workaround appear?
Got a whale alert here homies, read up!! In the last 24 hours, 5.8 BILLION dormant $DOGE tokens sprang to life, sending shockwaves across the crypto community. What’s going on? Let me break it down:
On-Chain Data Highlights:
Age Consumed Spike: Dormant tokens have moved, this means whales may be repositioning.
Circulation Boom: Daily DOGE movement surged from 1.67B to 5.8B tokens.
Why's this important: Historically, dormant DOGE activation often precedes big price moves. Case in point? November saw a similar trend, followed by a 234% surge in DOGE’s value within weeks.
Current Price: $0.3991 (down 2% in 24 hours). With Bitcoin stabilizing at $106K, could DOGE be gearing up for another breakout?
Pro Tip: Are whales taking profits, or is this the calm before the DOGE storm? 🌪️ Keep your eyes peeled! It might still be a good time to accumulate before the next moonshot.