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On October 8, the UK added Xeltox Enterprises, Processing KG, TokenSpot, and Tsunami Payments to the sanctions list, identified as RUS3755, RUS3756, RUS3758, and RUS3763 respectively. This batch includes a total of 38 new designations, including three cryptocurrency exchanges and two payment platforms. The government stated that two of the companies had processed transactions related to the Kremlin-backed A7 network, which claims to have transferred over $90 billion last year; the announcement did not specify the exact companies, and this figure is based on A7's claims as reported by the UK.The measures go beyond asset freezes, and the listed companies also face restrictions on banking, payment processing, and internet services within the UK. The Secretary of State stated there are reasonable grounds to suspect that Xeltox benefits from or supports the Russian government by operating in the Russian financial services sector, and is associated with activities linked to Cryptomus and those continued through Heleket. Cryptomus, Heleket, and Certa Payments Ltd are listed as major name variants of Xeltox. TokenSpot is a closed joint-stock company based in Bishkek, Kyrgyzstan, with reasonable grounds to suspect it supports the Russian government or benefits from it by operating in the Russian financial services sector.Processing KG is an open joint-stock company based in Bishkek, with websites processing-kg.com and vexpay.net, and records indicate that the parent company is the Kyrgyz Ministry of Finance, engaged in business of economic significance to the Russian government;

According to Decrypt, the U.S. Department of the Treasury's Office of Foreign Assets Control has designated the Russian shadow banking network A7 Network as a significant transnational criminal organization, listing its relevant addresses in Russia, Kyrgyzstan, Nigeria, and Zimbabwe. The Financial Crimes Enforcement Network has proposed a draft rule that aims to prohibit U.S. institutions from participating in any fund transfers involving the network's "sub-agent companies," covering convertible virtual currencies and not limited to fiat currencies, which is expected to affect approximately 348,000 institutions, including several cryptocurrency exchanges.The proposal is based on six special measures granted by Section 9714 of the Countering Russian Money Laundering Act, ultimately selecting the sixth measure, which is the fund transfer ban. The fifth measure, which restricts correspondent accounts, is considered to have loopholes: research by blockchain intelligence firm TRM Labs shows that A7A5 transactions completely bypass the correspondent banking system, which the Financial Crimes Enforcement Network views as a core aspect of its business model. A7A5 is a ruble-backed token issued by Old Vector, registered in Kyrgyzstan, operating on Tron and Ethereum, with reserves held at the Russian state-owned defense bank Promsvyazbank.The Financial Crimes Enforcement Network stated that between February 2025 and June 2026, over 180 entities handled at least $17.91 billion in A7A5, which historically circulated almost entirely through the sanctioned exchanges Garantex and Grinex, often used as a non-frozen bridge to convert into USDT and then into fiat currency.

Blockchain analysis company Elliptic's latest report shows that the ruble stablecoin A7A5 has surpassed $10 billion in on-chain transaction volume since its launch in 2025.This stablecoin is primarily launched by the Russian company A7 LLC, aimed at helping Russian businesses evade Western sanctions. The main function of A7A5 is to serve as a bridge asset between the ruble and USDT, with a total trading volume reaching $17.3 billion, the vast majority of which occurs on exchanges like Grinex in Kyrgyzstan.Despite the significant trading volume, its growth has been notably constrained since August 2025, when countries like the United States imposed sanctions on A7A5. New token issuance has essentially stalled since the end of July, with daily trading volumes dropping from a peak of $1.5 billion to around $500 million. Major DEXs like Uniswap have listed it on their token blacklist, while the liquidity injection of USDT on its own DEX has significantly decreased. Sanctions have led users to face the risk of account freezes when transferring USDT from A7A5 to mainstream exchanges, increasingly isolating it from the broader crypto ecosystem.

According to CoinDesk, the ruble stablecoin A7A5 grew beyond USDT and USDC last year, with a supply increase of nearly $90 billion.This stablecoin was launched by A7 LLC and is associated with the Russian state-owned Promsvyazbank and Moldovan businessman Ilan Shor, primarily helping Russian users bypass banking restrictions for cross-border payments. Despite Western sanctions, the ruble has appreciated over 40% against the dollar this year, mainly benefiting from capital controls and central bank interventions.

ChainCatcher news, according to Jinshi reports, the EU will ban trading of the Russia-related stablecoin A7A5 starting from November 25.

ChainCatcher news, despite multiple sanctions, the A7A5 stablecoin pegged to the Russian ruble has become the largest non-USD stablecoin by market capitalization globally. According to data from CoinMarketCap and DeFiLlama, A7A5's market cap reached nearly $500 million on Monday, accounting for about 43% of the total market cap of non-USD stablecoins ($1.2 billion).A7A5 experienced an astonishing 250% increase in a single day on September 25, with its market cap rising by $350 million, surpassing the euro stablecoin EURC issued by Circle. Despite being sanctioned by the U.S. and the U.K. due to its association with sanctioned entities and being accused of circumventing Western financial restrictions, it continues to maintain its growth momentum.

ChainCatcher news, the AI modular asset protocol MUA7648 developed by the Web3 creator community MUA DAO, won the Best Innovative Integration Award at the "Decentralized AI Agent Hackathon" held by GaiaNet.The MUA7648 protocol promotes the modularization of AI Agent assets, supporting infinite issuance and royalty recursion through asset splitting and combination. This protocol aims to reshape the application model of blockchain-native IP assets, simplifying the process for users to transform any on-chain assets into new 3D & AR form AI Agent assets, enhancing liquidity while improving interactive experiences, and opening up new development areas for customizable AI Agents based on IP. Users can interact with numerous original AI Agents through its official website.In addition, MUA DAO announced the open-sourcing of the MUA7648 protocol to stimulate innovation and collaboration, empowering creators to freely develop diverse 3D AI Agents using cutting-edge AI technology, advancing the AI industry, and giving rise to new application scenarios.It is reported that its project token MUA is currently trading on platforms such as Gate.io, BingX, and BitMart.

ChainCatcher news, the leading Web3 creator community MUA DAO has jointly launched the MUA7648 BigFun NFT-Fi airdrop event with the Mantle ecosystem, which is currently in full swing. Among them, the secondary market for MUA7648 assets on Cantina is active, with the MUA7648 BAYC sub-protocol - Mantle Apod, created spontaneously by BAYC holders, exceeding $100,000 in trading volume on the secondary market, with a highest transaction price reaching $50,000.The MUA7648 protocol is dedicated to promoting the modularization of digital assets, achieving infinite issuance and royalty recursion by supporting the splitting and combination of assets, greatly enhancing the liquidity and value capture ability of digital assets, injecting new vitality into existing digital assets.As of now, this event has attracted over 900,000 unique users to participate in the Mantle ecosystem, with nearly 1.9 million transactions of MUA7648 assets. The MUA decentralized identity card Boarding Pass has over 560,000 unique users, with a growth rate of up to 540%.MUA DAO plans to launch the MUA7648 AI Agent The Battle of Alympus airdrop event in mid-July in collaboration with Mantle and over 30 leading Web3 projects, with a prize pool including over $500,000 worth of $MUA and $MNT. Participants not only have the chance to receive rewards but will also become part of the development journey of the MUA community, witnessing the arrival of a new era of digital assets together.

ChainCatcher news, the leading Web3 creator community MUA DAO has teamed up with the Mantle ecosystem to launch the MUA7648 BigFun NFT-Fi joint airdrop event on May 31. Modular Universal Asset (MUA) is the first asset creator community with an artificial intelligence + human modular universal asset protocol at its core. Through the MUA7648 protocol initiated by MUA, the modularization of AI Agent assets is accelerated, supporting infinite issuance and royalty recursion of asset splitting and combination, to achieve maximum economic prosperity in the realm of character-based AI Agents.As of now, the event has attracted over 800,000 independent users to the Mantle ecosystem, with nearly 1.6 million transactions and the generation of 7648 assets reaching 780,000. The MUA decentralized identity card Boarding Pass has over 450,000 independent users, an increase of 430%. The MUA7648 event series prize pool includes over $500,000 worth of $MUA and $MNT. Users can win airdrops by participating in Cantina market interactions, holding MUA and participating party assets, and inviting friends.Recently, MUA DAO announced that it has become the first node of the decentralized AI project GaiaNet, joining the ecosystem grants, and will launch AI Agent-related airdrop activities in the future.

ChainCatcher news, stablecoin issuer TrueUSD released a statement clarifying that the address (0x7bA7EF06A2621267f063eF2DB2d482D5B507D8b3) has no permissions over the TUSD smart contract; it is specifically designated for token deployment and has no authority over the current TUSD contract or user token assets, nor does it affect the operation of TUSD. This address is not owned or controlled by the TUSD team, and there is no association between the TUSD team and this address.TrueUSD stated that since the end of 2020, the TUSD team has owned the TUSD contract. The TUSD token is protected by a smart contract, which is securely owned and managed by the TUSD team.Earlier today, there were analyses suggesting that one of the private keys used to deploy TrueUSD may have been leaked, as the TEURO contract was deployed by the TrueUSD deployer.