TRM Labs: Last year, illegal cryptocurrency transactions reached $158 billions, mainly driven by the Russian ruble stablecoin A7A5.
PANews January 28th news, according to Decrypt, a new report released by TRM Labs shows that the amount of illegal cryptocurrency activity will reach a record $158 billion in 2025, a year-on-year increase of 145%. This surge is mainly driven by A7A5, a ruble-backed stablecoin linked to Russia. TRM stated that the rise of A7A5 indicates that sanctioned countries are moving away from the dollar-based payment system and turning to specialized crypto tools.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve Beige Book: Most districts expect slight and moderate economic growth
Trending news
MoreThe European Union has streamlined the list of companies from France, Sweden, and the United Kingdom for the management of its established Scaleup Europe Fund program.
According to sources, the US Department of Justice is conducting an antitrust investigation into the global fertilizer industry, involving several international giants.
Crypto prices
More
