Tag: Token2049 Singapore

  • A7A5 Sparks Sanctions Scandal at Token2049 Singapore

    A7A5 Sparks Sanctions Scandal at Token2049 Singapore

    A7A5, a ruble-backed stablecoin issuer tied to Russia’s state-owned Promsvyazbank (PSB), has become the centre of a major compliance storm after appearing as a sponsor at Token2049, Singapore’s most prominent cryptocurrency conference. The controversy erupted because PSB has been sanctioned by multiple Western countries, including the United States, the United Kingdom, and Singapore, for its…