Europe Considers Blocking Non-Dollar Stablecoin A7A5

Europe Considers Blocking Use of Top Non-Dollar Stablecoin A7A5

Written by Aaron S.,

Editor-In-Chief

Last Updated: October 07, 2025

Key Takeaways

The EU is considering banning A7A5, a ruble-based stablecoin, to prevent individuals and companies from bypassing sanctions;
A7A5’s value surged to nearly $500 million after new EU crypto rules were announced;
The proposal also targets banks in Russia, Belarus, and Central Asia suspected of helping sanctioned groups use cryptocurrency.

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European officials are considering placing restrictions on A7A5, a digital currency linked to Russia’s ruble.

A7A5 is currently the most widely used stablecoin that is not tied to the US dollar.

Bloomberg reported on October 6 that if the proposal is implemented, individuals and companies based in the European Union would be prohibited from using A7A5, either directly or through third parties.

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The plan also targets specific banks in Russia, Belarus, and Central Asia. These banks are believed to be helping groups under sanctions by allowing them to make transactions using cryptocurrency.

Before any new sanctions become law, all 27 EU countries must agree. The current draft may still change before a final decision is made.

The European Council explained that sanctions are used to influence the behavior of those responsible for certain actions. The goal is to push for changes that align with the EU’s foreign and security policies.

Following the EU's announcement of new restrictions on crypto platforms on September 19, the market value of A7A5 increased from around $140 million to over $490 million by September 26. As of this week, its value remains near $500 million.

On October 6, Gespa, the Swiss regulator responsible for gambling oversight, examined FIFA’s "Right-to-Buy" (RTB) tokens. What were they monitoring? Read the full story.