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On January 2nd, Samsung Electronics emphasized the progress of its HBM4 chip supply, stating that customers appreciated its competitive advantages. In his New Years address, Samsung Electronics co-CEO Jun Young-hyun said that HBM4 has received high praise from customers for its unique competitive advantages, with some even saying, "Samsung is back." Last October, Samsung Electronics stated that it was "actively negotiating" to supply HBM4 chips to Nvidia, seeking to actively catch up with competitors such as SK Hynix in the chip race.January 2nd - On the first trading day of 2026, international oil prices opened stable. Previously, oil prices had experienced their largest annual drop since 2020. Traders are currently weighing the upcoming OPEC+ meeting against geopolitical concerns. Key OPEC+ members will hold a video conference on January 4th, and are expected to uphold the decision made in November to halt further production increases. Geopolitically, the Trump administration has intensified its crackdown on Venezuelan oil exports, imposing sanctions on four companies operating in the Venezuelan oil sector and freezing four related oil tankers.1. One of the four GPU giants, Suiyuan Technology, completes IPO preparation. 2. Baidu: Kunlun Chip has submitted its listing application to the Hong Kong Stock Exchange. 3. New energy vehicle companies have all released their 2025 performance reports. 4. DeepSeek publishes a new paper authored by Liang Wenfeng: proposing a new mHC architecture to improve the stability of large model training. 5. OpenAI integrates its team to improve the performance of audio AI models in preparation for upcoming devices. 6. Starlink plans to lower satellite orbital altitude in 2026 to improve the safety of space operations. On January 2nd, local time, the Russian Ministry of Defense issued a combat report stating that in the past 24 hours, Russian forces had launched strikes against Ukrainian forces, as well as Ukrainian energy facilities, ammunition depots, and drone facilities. Russian forces shot down a Ukrainian Su-27 fighter jet, and Russian air defense systems intercepted one guided-missile bomb and 250 Ukrainian drones. On the same day, the General Staff of the Ukrainian Armed Forces issued a statement saying that Ukrainian forces had launched strikes against multiple Russian oil refining facilities in the early hours of the day. In addition, Ukrainian forces also attacked Russian targets in the Donetsk region. According to Russian sources on January 1st, a Ukrainian drone attacked an oil facility in the Republic of Tatarstan, causing a fire. The fire did not affect the normal operation of the equipment. The fire has been extinguished, and there were no casualties.On January 2, Baidu (09888.HK) announced that on January 1, 2026, Kunlun Core, through its joint sponsors, confidentially submitted a listing application form (Form A1) to the Hong Kong Stock Exchange to apply for approval for the listing and trading of Kunlun Core shares on the Main Board of the Hong Kong Stock Exchange.

The Russian Ministry of Finance Has Completed A Bill To Regulate Cryptocurrency Mining

Cory Russell

Apr 18, 2022 10:54

The draft legislation of the crypto bill "On Digital Currency" by the Ministry of Finance (MoF) emphasizes mining and trading laws.


Operators of exchanges and digital trading platforms will be licensed and regulated by a Russian government entity.


The new rule comes as a result of a rising desire for mining among Russian ministers.


Russia's new crypto regulatory law, according to information supplied by Russian news source Kommersant, would be rigorous in its approach.


The most current version of the draft legislation covers the new trading and mining laws for cryptocurrencies (Bitcoin, Ethereum, Litecoin, and others) introduced under the bill "On Digital Currency."

Russia Creates New Crypto Bill

The bill's additional standards for exchange and digital trading platform providers were one of the bill's centerpieces. According to Kommersant, these operators will now work as a team.


The exchange operators will be the ones to buy and sell cryptocurrencies on their own behalf and at their own cost, while the operators of digital trading platforms will be in charge of the organized bidding.


Additionally, these operators will be required to establish a distinct structural unit, produce yearly reports, meet the needs of new management bodies, perform internal control and auditing, and more.


They will also need to be classified as an AML/CFT organization, and their operations will be regulated and licensed by a Russian government authority.


Finally, for the first time, the measure will concentrate on the crypto mining process and companies. After registering with the appropriate authorities, legal companies, and individual miners, the law specified that crypto mining might be done.


These operations will be taxed individually, and data centers will be made available for mining if the owner is a Russian legal company.

Mining is in high demand

While the Russian government was planning to take cryptocurrency in January, things started to pick up pace once the Russian-Ukraine conflict erupted. Not only was the demand for cryptocurrencies increasing, but so was the need for mining.


Russia's Deputy Energy Minister, Evgeny Grabchak, stressed that the legal void around crypto mining must be filled as quickly as possible, with a clear set of laws and regulations in place.


To make the process more efficient, he advised decentralizing it by choosing mining locations on a more regional level rather than at the federal level.


With these rules about to take effect in the near future, it seems that the transition from calling for a mining ban to accepting controls is more of a necessity than a natural shift of attitude.

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