The Morning Risk Report: Russia’s Hottest Startup Is a State-Backed S…
Aug 11 2026 10:33 UTC
➤ Russia's state-backed payment network, A7, is facilitating international trade and circumventing Western sanctions using a mix of cryptocurrency and traditional banking methods.
➤ The network's founder, Ilan Shor, has a history of financial crime, and A7 is expanding globally, aiming to serve countries viewed as pariahs by the West.
➤ The U.S. Senate passed legislation expanding sanctions on Russia and Iran, including potential tariffs on oil purchasers and those aiding sanctions evasion, while also noting a drone incident linked to Russia and new solar panel tariffs.
Read more at: https://rwatimes.io/articles/wsj-the-morning-risk-report-russias-hottest-startup-is-a-state-backed-s-2850025648?utm_source=binance
Aug 11 2026 10:33 UTC
➤ Russia's state-backed payment network, A7, is facilitating international trade and circumventing Western sanctions using a mix of cryptocurrency and traditional banking methods.
➤ The network's founder, Ilan Shor, has a history of financial crime, and A7 is expanding globally, aiming to serve countries viewed as pariahs by the West.
➤ The U.S. Senate passed legislation expanding sanctions on Russia and Iran, including potential tariffs on oil purchasers and those aiding sanctions evasion, while also noting a drone incident linked to Russia and new solar panel tariffs.
Read more at: https://rwatimes.io/articles/wsj-the-morning-risk-report-russias-hottest-startup-is-a-state-backed-s-2850025648?utm_source=binance