Organisations · Crypto exchange · Kyrgyzstan
GrinexNew
Virtual asset exchange operator registered in Bishkek, Kyrgyzstan, which the US Treasury describes as the successor to Garantex. Designated by OFAC on 14 August 2025 and by the UK on 20 August 2025.
Also known as Grinex LLC
Headquarters: Kyrgyzstan · used for “firms based in” filters (how location works)
Deployments
Each row is a sourced claim on that deployment's record. The evidence column shows the source and its grade; the numbers link to the full list below.
| Deployment | Role | Status | Evidence | Last reviewed |
|---|---|---|---|---|
| A7A5 rouble stablecoin | Distributor Exchange that the UK government names, with Meer, as infrastructure behind A7A5; OFAC says Garantex customers regained account access on Grinex via A7A5. Designated by OFAC and the UK (Aug 2025). | Live (scaled) | A UK Foreign, Commonwealth & Development Office, 20 Aug 2025[3] | Reviewed 13d ago |
Sources
- [1]Financial Sanctions Notice 20/08/2025 Russia — HM Treasury, Office of Financial Sanctions Implementation, 20 Aug 2025. Accessed 28 Oct 2026. Entry RUS2983: Bishkek address, entity type virtual asset exchange operator, website grinex.io..A
- [2]Treasury Sanctions Cryptocurrency Exchange and Network Enabling Sanctions Evasion and Cyber Criminals — U.S. Department of the Treasury, 14 Aug 2025. Accessed 28 Oct 2026.A
- [3]UK targets sanctions circumvention and crypto networks exploited by Russia — UK Foreign, Commonwealth & Development Office, 20 Aug 2025. Accessed 28 Oct 2026.A
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