X @Wu Blockchain

Sanctions Evasion - TRM Labs reports Russian entities are using Kyrgyzstan-based crypto platforms to bypass sanctions [1] - These platforms, including Grinex, Meer, and EVDE, facilitate the conversion of rubles to crypto via stablecoins like A7A5 [1] - The platforms are linked to the banned Russian exchange Garantex [1] Cryptocurrency Activity - The use of these platforms is driving most of Kyrgyzstan's crypto activity [1]