US extends sanctions against Russian payment system A7
The first U.S. restrictions were imposed last summer, now they have been expanded
The Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department has imposed massive sanctions against A7 Network. This is reported on the website of the department.
The Financial Crimes Enforcement Bureau (FinCEN) has banned money transfers involving A7 Network sub-agents. In addition, FinCEN issued a warning to financial institutions regarding the identification and notification of suspicious activity related to the A7 Network.
“Today’s action against A7 continues the department’s unprecedented efforts to isolate Iran and its financial backers; it sends a clear message: if you facilitate illegal financial transactions by adversaries of the United States, you will lose access to the U.S. financial system,” Bessent said.
The A7 international payments platform was launched in 2024. It belongs to the company “A7-agent”, the general director of which is a Moldovan businessman Ilan Shor. A7 accompanies payments to any country in the world with a fee of 0.3%. The agent’s website states that the main currencies of settlements are yuan, US dollars, euros, UAE dirhams, but “with additional study” any others are possible.
Since July 2025, the A7 has been on the EU sanctions list. The EU believes that the platform has “numerous ties with Moscow”. “The sanctions imposed will not affect the operation of the A7 international payments platform in any way. The company continues to operate normally. All cross-border settlement services are available to customers without changes and restrictions, A7 said. In August of the same year, sanctions against the A7 were imposed by the United States, then A7 LLC, A7 Agent LLC fell under restrictions, in October 2026 the sanctions were expanded.
The Kremlin said Russia had adapted to the restrictions and had learned to "live under the pressure of sanctions.".
