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XPeng Motors: A total of 20,011 new vehicles were delivered in January 2026.February 1st - BAIC BluePark announced that Beijing New Energy Vehicle Co., Ltd. produced 11,169 vehicles in January 2026, compared to 9,243 vehicles in the same period last year, an increase of 20.84% year-on-year, with a cumulative production of 11,169 vehicles this year; sales reached 8,073 vehicles, compared to 7,219 vehicles in the same period last year, an increase of 11.83% year-on-year, with a cumulative production of 8,073 vehicles this year.February 1st - China Telecom announced on February 1st that the Ministry of Finance and the State Taxation Administration recently issued the "Announcement on Relevant Matters Concerning the Specific Scope of Value-Added Tax Collection," stipulating that from January 1, 2026, within the territory of the Peoples Republic of China, the tax category applicable to business activities providing mobile data services, SMS and MMS services, and broadband internet access services using fixed-line networks, mobile networks, satellite, and the internet will be changed from value-added telecommunications services to basic telecommunications services, with the corresponding value-added tax rate adjusted from 6% to 9%. This adjustment to the scope of applicable value-added tax categories will impact the companys revenue and profits.On February 1st, GAC Group announced that its vehicle sales in January 2026 reached 116,600 units, a year-on-year increase of 18.47%. Among them, sales of new energy vehicles reached 26,000 units, a year-on-year increase of 162.9%.February 1st - China Unicom announced that the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Relevant Matters Concerning the Specific Scope of Value-Added Tax Collection," stipulating that from January 1, 2026, within the territory of the Peoples Republic of China, the tax category applicable to business activities providing mobile data services, SMS and MMS services, and broadband internet access services using fixed-line networks, mobile networks, satellite, and the internet will be changed from value-added telecommunications services to basic telecommunications services, with the corresponding value-added tax rate adjusted from 6% to 9%. This adjustment to the scope of applicable tax categories will impact the companys revenue and profits.

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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