Token2049

Token2049 is the premier global crypto event series, with flagship 2026 editions in Dubai (April) and Singapore (October). It brings together the most influential VCs, founders, and institutional leaders to define industry trends. This tag tracks high-level networking insights and breakthroughs in DePIN, GameFi, and mass-market Web3 adoption emerging from these world-class summits.

454 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
A7A5 stablecoin moved over $6B despite US sanctions

A7A5 stablecoin moved over $6B despite US sanctions

The post A7A5 stablecoin moved over $6B despite US sanctions appeared on BitcoinEthereumNews.com. Russian ruble-backed stablecoin A7A5 has helped move over $6 billion across borders since August 2025, despite some of its key operators being hit by Western sanctions. Summary Over $6.1 billion in transactions were allegedly processed through A7A5 stablecoin wallets after U.S. sanctions were imposed on affiliated entities. More than 80% of A7A5’s supply was reportedly destroyed and reissued following sanctions on Grinex-linked wallets. A7A5 was granted formal digital asset status in Russia and is backed one-to-one by rubles held at Promsvyazbank. According to a recent report by the Financial Times, A7A5 allegedly has close ties with multiple entities already sanctioned by the United States, including crypto exchanges Grinex and Garantex, as well as Russia’s state-backed Promsvyazbank. U.S. regulators imposed sanctions on Grinex in August, as authorities believed it was a successor of another blacklisted platform, Garantex, which has been known to facilitate illicit transactions tied to hacking, terrorism, and drug trafficking. Garantex was initially sanctioned in March of 2022 as part of Washington’s crackdown on Russian financial channels following the invasion of Ukraine. Notably, blockchain data reviewed by the Financial Times showed that more than 80% of the total A7A5 supply was destroyed and reissued right after fresh sanctions were announced on wallets linked to Grinex. Wallet balances were set to zero using a smart contract function called “destroyBlackFunds,” which labeled the tokens as “dirtyShares” and removed them from circulation. Daily volume of A7A5 transferred by wallet type | Source: Financial Times The report alleges this was an effort to wipe the slate clean and erase any transactional history before the same value was minted again in new addresses identified as ‘TNpJj.’ Unlike a standard token transfer, which maintains a visible on-chain link between the source and destination, this method effectively severs that connection, making it far more difficult to…

Author: BitcoinEthereumNews
Russia-backed A7A5 stablecoin moved over $6B despite US sanctions: report

Russia-backed A7A5 stablecoin moved over $6B despite US sanctions: report

Russian ruble-backed stablecoin A7A5 has helped move over $6 billion across borders since August 2025, despite some of its key operators being hit by Western sanctions. According to a recent report by the Financial Times, A7A5 allegedly has close ties…

Author: Crypto.news
A Bigger, Bolder, and More Corporate Crypto Stage

A Bigger, Bolder, and More Corporate Crypto Stage

The post A Bigger, Bolder, and More Corporate Crypto Stage appeared on BitcoinEthereumNews.com. TOKEN2049 Singapore 2025 once again proved why it remains one of the most anticipated events in the crypto world. With top exchanges, investors, and innovators attending, it reflected the maturing face of the blockchain ecosystem.  But alongside its impressive scale and professionalism, many attendees noticed a shift — from the grassroots builder energy of past years to a more corporate and partnership-driven environment. A Showcase of Industry Growth This year’s edition was a clear sign of how far crypto has come. The booths of major exchanges and blockchain companies dominated the Marina Bay venue, with side events, panels, and networking sessions running nonstop.Topics like AI integration, tokenization, and global regulation highlighted the industry’s increasing alignment with traditional finance.Many attendees viewed this as a positive sign — proof that crypto has matured and is ready for large-scale collaboration with mainstream players. When Crypto Meets Formula One TOKEN2049 2025 took place from October 1–2, just days before the Formula One Grand Prix in Singapore.While the events didn’t overlap directly, the timing meant the city was already buzzing with F1 energy — hotels were packed, roads were partially closed, and prices surged as visitors from around the world arrived early. This overlap added to the city’s electric atmosphere but also created logistical challenges for attendees moving between side events. Many participants said it gave TOKEN2049 a unique “race-week” vibe — blending crypto innovation with Singapore’s high-octane energy. Evolving Focus: From Builders to Brands Compared to earlier years, TOKEN2049 2025 carried a noticeably more corporate tone.Big brands and institutional players dominated the floor, while fewer smaller projects and startups were present.Some long-time visitors mentioned missing the early “builder vibe,” but others argued that this shift shows crypto’s evolution — from experimentation to professionalization. Still the #1 Global Crypto Event Despite these changes, TOKEN2049 remains…

Author: BitcoinEthereumNews
TOKEN2049 Singapore 2025 Review: A Bigger, Bolder, and More Corporate Crypto Stage

TOKEN2049 Singapore 2025 Review: A Bigger, Bolder, and More Corporate Crypto Stage

TOKEN2049 Singapore 2025 review: major brands, new partnerships, and discussions about the event’s evolving identity.

Author: Crypto Ticker
Russia-Linked Stablecoin A7A5 Sponsors Token2049 Despite Singapore Sanctions

Russia-Linked Stablecoin A7A5 Sponsors Token2049 Despite Singapore Sanctions

TLDR A7A5, a stablecoin tied to Promsvyazbank, sponsored Token2049 despite sanctions. Singapore’s MAS prohibits dealings with Promsvyazbank, but A7A5 appeared at the event. Hong Kong’s lenient stance on Russia allowed A7A5 to sponsor Token2049. Several sponsors expressed concern over A7A5’s involvement at Token2049. A ruble-backed stablecoin linked to a sanctioned Russian bank made a controversial [...] The post Russia-Linked Stablecoin A7A5 Sponsors Token2049 Despite Singapore Sanctions appeared first on CoinCentral.

Author: Coincentral
Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

The post Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions appeared on BitcoinEthereumNews.com. Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. A ruble-backed stablecoin tied to a sanctioned Russian defense bank somehow ended up sponsoring Singapore’s biggest crypto event, creating a compliance headache that exposed how easily financial sanctions blur across jurisdictions. On Friday morning, former White House Crypto Policy Director Bo Hines took to the stage at Token2049 to extol the virtues of Tether – his new employer – and its Genius-act compliant stablecoin USAT. A guarantor of U.S. dollar hegemony, which the world seems to want, is how he described it. A few hours later, Oleg Ogienko, A7A5’s director for regulatory and overseas affairs, a ruble-backed stablecoin issuer targeted by authorities worldwide took to the stage with a very different message. While the presence of Ogienko and the speech he gave made for a more interesting conference, a big question on everyone’s mind is how his sanctioned company was able to pay for sponsorship. A7A5, a ruble-backed stablecoin issued by Old Vector and used on the A7 LLC payments platform – which is designed to assist businesses in-country to bypass sanctions – is backed by Russia’s state-owned Promsvyazbank (PSB), a financial institution sanctioned by the U.S. and U.K and many other jurisdictions around the world for its role in financing Russia’s defense sector. Shortly after Russia’s invasion of Ukraine, Singapore broke from its decades‑old policy of neutrality and joined the West in sanctioning key Russian banks and defense‑linked entities, including state‑owned Promsvyazbank (PSB), a move that also set it apart from its ASEAN neighbours, who avoided such measures. On March 14, 2023, the Monetary Authority…

Author: BitcoinEthereumNews
Asia Morning Briefing: Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Asia Morning Briefing: Why Russia-Linked Stablecoin Issuer A7A5 Could Exhibit at Token2049 Despite Singapore Sanctions

Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.A ruble-backed stablecoin tied to a sanctioned Russian defense bank somehow ended up sponsoring Singapore’s biggest crypto event, creating a compliance headache that exposed how easily financial sanctions blur across jurisdictions.On Friday morning, former White House Crypto Policy Director Bo Hines took to the stage at Token2049 to extol the virtues of Tether – his new employer – and its Genius-act compliant stablecoin USAT. A guarantor of U.S. dollar hegemony, which the world seems to want, is how he described it.A few hours later, Oleg Ogienko, A7A5's director for regulatory and overseas affairs, a ruble-backed stablecoin issuer targeted by authorities worldwide took to the stage with a very different message.While the presence of Ogienko and the speech he gave made for a more interesting conference, a big question on everyone's mind is how his sanctioned company was able to pay for sponsorship.A7A5, a ruble-backed stablecoin issued by Old Vector and used on the A7 LLC payments platform – which is designed to assist businesses in-country to bypass sanctions – is backed by Russia’s state-owned Promsvyazbank (PSB), a financial institution sanctioned by the U.S. and U.K and many other jurisdictions around the world for its role in financing Russia’s defense sector.Shortly after Russia's invasion of Ukraine, Singapore broke from its decades‑old policy of neutrality and joined the West in sanctioning key Russian banks and defense‑linked entities, including state‑owned Promsvyazbank (PSB), a move that also set it apart from its ASEAN neighbours, who avoided such measures.On March 14, 2023, the Monetary Authority of Singapore (MAS) issued notice SNR-N01 which prohibits financial entities in Singapore from interacting with major banks in Russia including Promsvyazbank (PSB) – where A7A5's reserves are kept.Effectively, this would bar any MAS-regulated institutions and crypto service providers from facilitating or processing any transactions, sponsorships, or partnerships involving A7A5 or other PSB-backed digital assets.But, Token2049 is organized by Hong Kong-registered BOB Group. Hong Kong, as part of China, follows Beijing's lead on sanctions, which currently maintains trade and financial ties with Russia despite Western restrictions.Token2049 organizers did not respond to repeated requests for comment. MAS did not provide a response by press time.While the BOB Group would be in compliance with local law in Hong Kong, other sponsors became nervous about having their brands associated with A7A5. A number of companies that spoke to CoinDesk called the presence of the stablecoin issuer a "compliance nightmare" while another said they had a "heart attack" seeing them on the site.BOB seemed to have gotten the message, and scrubbed references to A7A5 from the sponsor list, though the Internet Archive still has it.A7A5, for its part, still proudly lists itself as a conference sponsor on social media, including of the official Token2049 massage zone, which has, as it says, a lounge "where deals are closed while you unwind."Market MovementBTC: Bitcoin surged to a record high above $125,000, up 11% for the week, as massive inflows into U.S. spot ETFs and heightened safe-haven demand amid the U.S. government shutdown and global liquidity expectations fueled buying.ETH: Ethereum is trading around $4,500 and is gaining attention ahead of December’s Fusaka upgrade, which VanEck says will cut rollup costs through PeerDAS, enhance scaling efficiency, and strengthen ETH’s role as the monetary backbone of the network rather than just a fee-generating asset.Gold: Gold continues to surge, trading above $ 3,880, as investors seek safe-haven assets amid a prolonged U.S. government shutdown.Nikkei 225: Japan’s Nikkei 225 surged over 4% to a record high after the ruling LDP chose Sanae Takaichi as its new leader, with investors betting her pro-growth “high-pressure” economic stance will keep the BOJ’s policies accommodative.Elsewhere in CryptoState of Crypto: What Happens to Crypto if Government Shutdown Lingers (CoinDesk)Ethereum Foundation swapping $4.5 million in ETH for stablecoins to fuel growth (The Block)Trump Tariff Stimmy? Here’s How Much Covid Stimulus Checks Are Worth Now If Invested in Bitcoin (Decrypt)

Author: Coinstats
How the US Shutdown & Macro Trends Fuel Bitcoin’s $125K Record Surge

How the US Shutdown & Macro Trends Fuel Bitcoin’s $125K Record Surge

Bitcoin surmounted a fresh all-time high over the weekend, sparking renewed optimism among market analysts who see the potential for a rally that could push the leading cryptocurrency towards $150,000 before year’s end. The recent price surge underscores the growing interest in Bitcoin amid macroeconomic uncertainties and evolving crypto market dynamics. Bitcoin hits a new [...]

Author: Crypto Breaking News
DipCoin Dominates SuiFest 2025 as Platinum Sponsor with a Packed Booth, Constant Buzz, and Huge Partnerships

DipCoin Dominates SuiFest 2025 as Platinum Sponsor with a Packed Booth, Constant Buzz, and Huge Partnerships

The post DipCoin Dominates SuiFest 2025 as Platinum Sponsor with a Packed Booth, Constant Buzz, and Huge Partnerships appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. SuiFest, the premier event of the Sui ecosystem, brought together international developers, projects, and media at Marina Bay Sands during TOKEN2049. As a Platinum Sponsor, DipCoin.io stood out among the dozens of booths, attracting attendees, igniting discussions, and becoming one of the festival’s most talked-about initiatives. At the Booth: Constant Action and Real-Time Engagement Throughout the day, DipCoin’s booth was packed with people who wanted to try out its continuous trading features on the Sui testnet. Developers experienced DipCoin’s CEX-like speed and DeFi transparency instantly by scanning QR codes to access live trials. Feedback flooded in, with most complimenting Sui’s parallel transaction approach for its ease of use and seamless execution. DipCoin didn’t just show tech. Its limited-edition merch became a viral hit, flooding Instagram and X with “DipCoin booth check-ins.” As one developer quipped: “I stopped by for a minute, and ended up staying an hour. Everyone’s here, and everyone’s talking about DipCoin.” Advertisement &nbsp A Hub for Ecosystem Partnerships The DipCoin exhibit evolved become a gathering place for the Sui ecosystem rather than only a showcase. To exchange ideas on liquidity strategies, cross-chain expansion, and derivatives innovation, teams from NAVI Protocol, Scallop, Bluefin, FlowX, Matrixdock, and Turbos stopped by. On the spot, a number of first collaboration options were even outlined. One ecosystem partner said: “DipCoin’s liquidity and trading logic are exactly what Sui needs. Seeing it live convinced us of the potential to build together.” Interviews with DipCoin’s leadership team were scheduled by blockchain media outlets, who wanted to…

Author: BitcoinEthereumNews
Stablecoins Will Push ‘Consumer Hostile’ Banks To Raise Yields, Stripe CEO Says

Stablecoins Will Push ‘Consumer Hostile’ Banks To Raise Yields, Stripe CEO Says

Bitcoin surged past $125K to a new all-time high (ATH) as Polymarket traders eye $130K in ”Uptober.” BTC pumped over 2% in the last 24 [...]

Author: Insidebitcoins