russia is expanding its tools for evading sanctions by shifting part of its international payments to crypto payment channels via African countries.<\/p>\n
moscow is promoting the A7 platform in Nigeria and Zimbabwe as an alternative mechanism for foreign payments. This involves settlements through stablecoins and debt instruments, which are harder to track and block compared to traditional transactions.<\/p>\n
Importantly, A7 is linked to the sanctioned promsvyazbank and the Moldovan politician Ilan Shor, who is associated with russia. This suggests that the platform may be used not only for more convenient payments but also to circumvent sanctions and remove some financial transactions from oversight.<\/p>\n
After being disconnected from SWIFT and facing intensified US sanctions, russia is systematically seeking ways to reduce its dependence on banks and financial routes controlled by the West. Africa has become one of the key areas due to the rapid growth of crypto payments, demand for cheap international transfers, and weaker regulation of cross-border financial operations.<\/p>\n
The sanctions system is facing a new challenge: financial technologies allow for circumventing traditional control mechanisms. Therefore, it is important to strengthen oversight of such tools to ensure that economic pressure on russia remains effective.<\/p>\n","protected":false},"excerpt":{"rendered":"
russia is expanding its tools for evading sanctions by shifting part of its international payments to crypto payment channels via African countries. moscow is promoting the A7 platform in Nigeria and Zimbabwe as an alternative mechanism for foreign payments. This involves settlements through stablecoins and debt instruments, which are harder to track and block compared…<\/p>\n","protected":false},"author":3,"featured_media":45766,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_post_transparent":"default","_kad_post_title":"default","_kad_post_layout":"default","_kad_post_sidebar_id":"","_kad_post_content_style":"default","_kad_post_vertical_padding":"default","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","wds_primary_category":933,"footnotes":""},"categories":[933],"tags":[],"class_list":["post-45765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-south"],"acf":[],"_links":{"self":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/45765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/comments?post=45765"}],"version-history":[{"count":0,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/posts\/45765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media\/45766"}],"wp:attachment":[{"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/media?parent=45765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/categories?post=45765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpd.gov.ua\/en\/wp-json\/wp\/v2\/tags?post=45765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}