Your Daily Digest of Global Stories
President-elect Donald Trump, who will take power on January 20, 2025, issued a warning to the BRICS, pointing out that, during his term, the United States will not sit idly by while other countries try to replace the dollar. Through your account in X, Trump warned that he would impose tariffs of up to 100%…
Russian President Vladimir Putin signed a law that modifies the tax regime for mining and trading bitcoin (BTC) and cryptocurrencies, officially converting them into property under the Tax Code of the Russian Federation. This law, which was approved this week by the State Duma and the Federation Council, public officially on Friday, November 29, marking…
Russia’s Ministry of Industry and Trade has suggested a two-year transition period for the retail sector to adapt to the implementation of the digital ruble, the central bank digital currency or CBDC that is under development in that country. This proposal arises from a draft law presented by the Financial Market Committee of the State…
Daniil Egorov, head of the Treasury, is optimistic about more registrations. Miners who consume less than 6,000 KWh per month will not be required to register. According to Russia’s Federal Tax Service, companies in the country are rushing to obtain Bitcoin mining permits, as around 150 applications have been submitted to date. It is important…
The suspension would go from December 1 to March 2025, and would last until 2031. In the past, mining companies have provided heat to residences and industries. The Russian government announced on November 19, 2024 its plans to ban Bitcoin (BTC) mining during the winter in some regions of the country and at sites taken…
The Russian government approved a set of amendments to a bill that proposes applying taxes to income and expenses from bitcoin (BTC) transactions and mining, in some cases recognizing them as commodities. According to the information spread by the Ministry of Finance, the government of Vladimir Putin agreed to make a series of changes to…
Russia’s deputy chief executive believes that in 5 to 10 years, the electricity shortage will be serious. Putin considers that bitcoin mining “is good,” but there are more important things. The deputy head of the executive cabinet of the presidency of the Russian Federation, Maxim Oreshkin, considered that the electricity shortage may affect the Russian…
The idea of returning to the dollar and not creating its own payment system arose after Trump’s victory. The strategies of the US president-elect are expected to give a new global boost to the dollar. There are still two months until Donad Trump’s inauguration as the new president of the United States and the global…
Russian President Vladimir Putin denied that Russia is seeking to abandon the use of the US dollar in its international transactions. This statement came this week during his speech at the Valdai International Discussion Club, where he took the opportunity to congratulate Donald Trump on his victory in the recent United States presidential election. “We…
“We cannot support any BRICS project to evade sanctions,” said the BIS director. The project has reached the “minimum viable product” stage and is ready for implementation. The Bank for International Settlements (BIS) is considering shutting down its pilot platform for cross-border payments, known as mBridge. This is an idea raised by Agustín Carstens, general…
