For Russia’s sanctions-busting A7 payment service, international transfers start with bags of cash at Moscow markets. At its peak, it processed at least 58 metric tons in a single month. · Activ.news
For Russia’s sanctions-busting A7 payment service, international transfers start with bags of cash at Moscow markets. At its peak, it processed at least 58 metric tons in a single month.
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What happened
A7 functions as the leading shadow intermediary for Russia’s cross-border payments, developed because of sanctions against Russian banks.