• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 20, Beike Bio released its first quarter report for 2025. The companys operating income was 162 million yuan, a year-on-year decrease of 39.96%; the net profit attributable to shareholders of the listed company was only 1.0643 million yuan, a year-on-year decrease of 98.24%. The main reason is that the sales revenue of herpes zoster vaccine decreased year-on-year during the reporting period, and the company increased its sales expenses.On April 20, the Rheinmetall-Expar Arms Factory, headquartered in Madrid, Spain, specializes in the production of mortar shells, medium-caliber ammunition, fuses and rocket propulsion systems. The parent company of the factory is Rheinmetall, the largest military enterprise in Germany. Rheinmetall CEO Armin Papage has ordered the factory to increase its annual production to 450,000 shells, which will make Spain the largest producer of artillery ammunition in Europe.On April 20, Suzuki Muneo, a member of the House of Representatives of Japan, said that Putins announcement of a ceasefire was good news. I think it reflects President Putins humanitarian spirit. Ukraine should also face reality. They still say that the attacks have not stopped. But President Putin has always strictly abided by his promises. It is Ukraine that has not fulfilled its promises. Ukraine should carefully consider President Putins wise decision and work hard to end the war completely.Dubais Roads and Transport Authority has signed a memorandum of understanding with Baidu Apollo, planning to launch a pilot operation of self-driving taxis this year.On April 20, the director of the Spanish Geopolitical Institute, Aguilar, shared his views on the political line pursued by the current Moldovan leadership, calling it an "alienation plan." Aguilar believes that Moldova plans to achieve the ultimate goal of merging with Romania by conquering the territories inhabited by "pro-Russians in the Wests mouth."

Crypto News: Russia Takes After Iran, Looks to Crypto for Sanctions Evasion

Cory Russell

Sep 20, 2022 14:24

微信截图_20220920103943.png


This month's cryptocurrency news is already popular. Massive updates are being added to Ethereum (ETH-USD) and Cardano (ADA-USD), Ripple is wrapping down its SEC case, and Voyager Digital (OTCMKTS:VYGVQ) is concluding its bankruptcy auction. International relations is another area where cryptocurrency is a hot issue. In fact, Russia intends to present a law that would enable it to avoid sanctions, adding to its policy reversals.


Russia has expressed conflicting, divergent views on cryptocurrencies. Both a central bank digital currency (CBDC) and allowing Russian people to trade or do business with cryptocurrency are not something it is interested in. Vladimir Putin, the president, has shown interest in commercial crypto mining, nevertheless.


This assortment of positions has resulted in a strict restriction on cryptocurrency trading in Russia. The nation continues to welcome the crypto miners who operate inside its borders in the meanwhile.


Everything may be changing. Numerous nations imposed sanctions on Russia after its first incursion into Ukraine. Early on, many people worried that Russia might use cryptocurrencies to escape these sanctions.


Others claim that this isn't the case and never has been, but the Russian government may be able to refute them.

News about cryptocurrency: Russia will consider a new bill

Although the U.S. may advance its own cryptocurrency legislation this month, other developments are the major crypto news right now. The upcoming crypto law from Russia is significant because it emulates the policies of a U.S. foe and may allow the country to circumvent blockchain-related sanctions.


Ivan Chebeskov, the head of the Russian Finance Ministry, claims that a new law to lift the nation's prior prohibition on cryptocurrency trading is being drafted. Businesses will be able to make transactions using cryptocurrencies thanks to this new law.


The draft law was released only a few weeks after the Russian central bank changed its position on cryptocurrencies. The Bank of Russia, which had previously been anti-crypto, now supports allowing crypto payments solely for international trade. The Russian Prime Minister Mikhail Mishustin's optimistic remarks about cryptocurrency preceded this most recent change of heart. Mishustin requested the Bank of Russia, the FSB, and the country's tax and financial monitoring divisions to reach a consensus on whether or not to legitimize these cross-border transfers only last week.


Unsurprisingly, all of this information was released shortly after the Iranian government granted its own local firms the ability to legally import items via cryptocurrency payments. It just placed the first-ever import order for automobiles, worth $10 million, into the nation. These imports also represent a clever attempt to get around trade restrictions.


It seems that Russia has considered Iran's success. Investors would be well to monitor the news on legislation and policy that is coming out of the country this week.