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British Teen Sanctioned by Russia for Stablecoin Report
A British teenager has been sanctioned by Russia for his report alleging a ruble-pegged stablecoin was used to bypass international financial restrictions.

A British teenager has been sanctioned by Russia for his report alleging a ruble-pegged stablecoin was used to bypass international financial restrictions.

Russia has sanctioned a British teenager following claims that the A7A5 stablecoin, designed to bypass sanctions, was used to fund the Ukraine war.

Despite Western sanctions, the Russian ruble-backed stablecoin A7A5 has processed over $110 billion in transactions, CertiK reports.