European Union Blocks Ruble Stablecoin A7A5 Tied to Sanctioned Russian Bank

EU to ban ruble-backed A7A5 stablecoin on Nov. 25 to block Russian crypto transaction routes.

A7A5 linked to Promsvyazbank and Ilan Shor handled $68B in transactions before new sanctions.

Ruble-backed flows form only 2.37% of EU Bitcoin trades, limiting impact on crypto liquidity.

[https://coinmarketcap.com/currencies/a7a5/](https://coinmarketcap.com/currencies/a7a5/)