9.3 billion dollars from the Robles -backed encryption network linked to Russia that has been approved star-news.press/wp

The United Kingdom has introduced new sanctions targeting financial operations and cryptocurrencies in Kyrgyzstan, which is claimed to be linked to Russia’s efforts to overcome Western restrictions.

The measures include procedures against banks, exchanges and individuals accused of facilitating the stable network supported by rubles, which have addressed billions of dollars in transactions.

According to statement From the UK government, the entities listed in the blacklist are linked to Stablecoin 9.3 billion dollars known as the A7A5, which are designed to repeat Roble on Blockchain platforms.

Officials claim that the network was a direct attempt to alleviate the impact of the sanctions imposed on Moscow after its invasion of Ukraine. The new measures depend on more than 2,700 sanctions in the current UK on Russia and the mirror steps taken by the United States earlier this month.

Exchange of encryption and the stablecoin network under checking

Among those who were approved by the Capital Central Bank and its manager, Kantemir Chalayev, who says the UK says a role in financing goods for the Russian army.

Two Kyrgyx -based encryption, GRINEX and Meer, were placed on the penal list. The authorities claim that these platforms were essential in the transactions involved on A7A5 Stablecoin, which Move At a value of $ 9.3 billion in four months.

In addition, many entities and individuals associated with the network infrastructure, including Luxembourg -based Altair Holding, CJSC Tengricoin, Old Vector, and A7A5 Lyonchov outlet.

UK’s sanctions minister Stephen Dutti stressed that measures aim to prevent Moscow from switching into alternative financial systems: “If the Kremlin believes that they can hide their attempts to reduce the blow of our sanctions by washing transactions through encryption networks, they make mistakes.”

Grienx, one of the approved stock exchanges, was widely described as a successor to GARANTEX, a Russian stock exchange that was targeted by organizers previously. Earlier this year, Tether froze $ 27 million in USDT associated with GARANTEX after the American authorities accused the platform for facilitating illegal transactions.

Kyrgyzstan’s response and its broader effects

The announcement responded to an immediate response from the head of Kyrgyz Gabarov, who criticize The UK resolution warned against politicizing the country’s banking sector. Gabarov stated that none of the 21st Kyrgyzstan banks was working to help Russia evade sanctions.

To reduce exposure, he explained that only the state -owned Kerimit Bank is to process transactions that involve Russian robos. However, KEREMET was approved by the United States earlier this year for its role in dealing with Russian commercial payments.

Gabarov also emphasized Kyrgyzstan’s commitment to honoring international agreements, saying: “I will not allow the interests of our citizens and the country’s commercial development to nothing.”

The latest penalties highlight the increasing focus on encrypted financial networks as tools used to overcome restrictions. Western governments have increasingly examined them and exchanges that operate outside traditional banking channels, where both the United States and the United Kingdom argue that such platforms can weaken the effectiveness of global sanctions systems.

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