The European Union intends to impose sanctions against the cryptocurrency A7A5, created by Ilan Șor, to circumvent international sanctions against Russia.
Raluca Ioana Draghici
Economy
Vladimir Smirnov / Zuma Press / Profimedia
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Cryptocurrency A7A5, issued by Ilan Șor and Promsvyazbank from Russia, is targeted by EU sanctions for facilitating the circumvention of international sanctions. It is linked to the Kyrgyz exchange Grinex, considered the successor to Garantex, which was sanctioned by the US. The European Union plans to ban any transactions with A7A5 and to investigate banks in Russia and Central Asia for involvement in these activities. The sanctions require the approval of all EU member states and come in the context of the expansion of sanctions by the US. Experts claim that Șor is helping Russia in the hybrid war against Moldova and in the conflict in Ukraine.
Sources
Bloomberg: Uniunea Europeană intenționează să impună sancțiuni împotriva criptomonedei create de Ilan Șor și Promsvyazbank din Rusia
UE vrea să impună sancțiuni împotriva monedei A7A5, proiect creat de Ilan Șor și o bancă de stat din Rusia
/VIDEO/ Din slujba Moscovei, în vizorul UE: Bruxelles-ul analizează sancțiuni pentru criptomoneda A7A5, creată de Ilan Șor
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