Regulation· ★★· neutral·

Russia's Manturov to chair A7 supervisory board, Siluanov and PSB head join

  • —Manturov elected chairman of A7's supervisory board at its first meeting
  • —Board includes Siluanov, Tsivilev, Fradkov and A7 CEO Ilan Shor
  • —A7 was set up in autumn 2024: PSB holds 49%, Shor 51%
  • —A7 is already sanctioned by the US and UK
Why it matters: A7 is a key vehicle for Russia's sanctions-evasion cross-border payments, shaping how crypto is used in settlements.
Source: PANews