UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia

- UK finally realized crypto isn’t just for moonboys and decided to treat it like a bank. They slapped Regulation 17A on the A7 network, accusing it of moving $90B for Russia. Yes, $90B. That’s not a side hustle; that’s a state-sponsored payment rail. HTX got dragged in too, which is rich considering they process trillions while regulators play catch-up with paper clips. A7A5 stablecoin is basically USDT’s edgy cousin who skipped the freeze button. The West built a blockade; Russia built a bypass. Now we’re sanctioning code. It’s not about stopping the flow anymore; it’s about pretending the pipe still exists while everyone else is drinking from a firehose.