Tencent wants to be foreign automakers’ go-to company for EVs in China

BMW’s iX electric SUV in China was the first global car brand to include the automobile version of Tencent’s WeChat messaging app, according to the Chinese tech company. Tencent BEIJING — ...

Sanctions Push Russia Near First Foreign Default Since Revolution

Russia was poised to default on its foreign debt for the first time since 1918, pushed into delinquency not for lack of money but because of punishing Western sanctions over its invasion of Ukraine. R...

Russia Is Hours Away From Its First Foreign Default in a Century

(Bloomberg) — After months of teetering on the edge of default, Russia is now just hours away from a dramatic moment in the financial battle that the US and others have waged against the Kremlin...

Australia Makes a Major Decision, Exclude Bitcoin And Co From Foreign Currency Taxes

– Advertisement –   Australia makes a major decision about cryptocurrency tax regulations. The government of Australia has provided official confirmation that virtual currencies would not ...

Biden Foreign Policy Eviscerated By Steve Forbes

One unappreciated reason for financial market turbulence is that the world situation is headed in a bad direction. This unraveling means a more ominous future for the economy and stocks. This episode ...

Lawmakers Investigating What Happened To Foreign Gifts Given To Trump Administration

Topline Democratic lawmakers have opened a probe into whether the Trump Administration properly tracked the gifts it received from foreign governments, following reports that Trump-era gift records ar...

Will Russia Use Crypto to Pay Its Foreign Debt?

Russia is no longer able to pay bondholders through US banks Speculation has it that Russia is about to default on its foreign debt The Russian government is ...

Russia passes the bill that allows cryptocurrency Payments in Foreign Trade 

The finance ministry, according to a news report, has made a number of changes to the law it has been working on over the previous few months. This year, a proposal to allow businesses to utilize cryp...

Foreign exchange pushed Salesforce to lower revenue guidance

Salesforce co-founder and co-CEO Marc Benioff told CNBC’s Jim Cramer on Tuesday that the rising value of the dollar played a part in the software company lowering revenue guidance in its latest ...

Russia May Turn to Crypto to Pay Off Its Foreign Debt as Sanctions Mount

US Treasury Department officials announced that Russia would no longer be able to pay bondholders through US banks after May 25, 2022 due to sanctions imposed by the Biden administration for its invas...

China’s Covid Policy Is Costing It Foreign Investors’ Confidence

American companies such as Tesla have had their China operations disrupted by Covid lockdowns in … [+] Shanghai in the past several weeks. (Photo by Xiaolu Chu/Getty Images) Getty Images Shangha...

Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill – Regulation Bitcoin News

A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press report, the ...

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency

Total transaction value blocked was over 60 trillion Iranian tomans Iran’s Ministry of Intelligence has reportedly blocked 10,000 bank accounts The ministry did not provide any details on the accounts...

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Coinotizia

Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Regulation Bitcoin News

Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...

The New Bill of Argentina Senate to Tax Assets Held in Foreign Countries along With Crypto

Digital assets in Argentina are defined as a digital representation of value or rights, transferred and stored electronically using Distributed Ledger Technology(DLT) or other similar technology accor...

Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto – Coinotizia

The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and...

Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto – Regulation Bitcoin News

The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and...

Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’ – Emerging Markets Bitcoin News

A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry....

Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied – Coinotizia

The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet...

Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied – Emerging Markets Bitcoin News

The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet...

Putin Apologized For Russian Foreign Minister’s Hitler Remarks, Israel Says

Topline Russian President Vladimir Putin on Thursday apologized to Israeli Prime Minister Naftali Bennett for Russian Foreign Minister Sergei Lavrov’s claims earlier this week that Nazi leader Adolf H...

Russia faces defaulting on foreign debts within weeks

Russian President Vladimir Putin listens during a meeting of the Russia the Land of Opportunity Supervisory Board at the Kremlin, in Moscow, Russia – Mikhail Tereshchenko/Sputnik Russia is poise...

Israeli President Condemns Russia’s Foreign Minister For Spreading Anti-Semitic Lies, Seeks Apology

Topline Israeli President Isaac Herzog criticized Russian Foreign Minister Sergei Lavrov for claiming that Hitler had Jewish blood, accusing him of engaging in antisemitism a day after the Kremlin dou...

LIC, India’s largest-ever IPO, will test foreign investor appetite

The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s bigg...

Bitcoin Is Doing Great Things in Foreign Nations

Bitcoin is often touted as something that can potentially move the world in the right direction. It allegedly offers people financial freedom and more control over their monetary decisions, and the wo...

Russian Foreign Ministry Hits Back At Israel’s Criticism Of Lavrov, Accuses It Of Supporting ‘Neo-Nazis’ In Ukraine

Topline The Russian Foreign Ministry on Tuesday accused the Israeli government of supporting neo-Nazis in Ukraine marking a major escalation in a diplomatic row between the two countries after Israel ...

IRS And Foreign Tax Enforcers Warn NFTs Pose Growing Money Laundering Risks

Global regulators issued a new warning about how criminals can use NFTs for money laundering. Eva Marie Uzcategui/Bloomberg On Thursday, global regulators issued a new warning of the growing risks of ...

UN Chief Says It’s Ready To ‘Fully Mobilize’ In Mariupol—But Russian Foreign Minister Says Evacuation Pleas Are Merely ‘Theatrical’

Topline The heavily besieged Ukrainian city of Mariupol that became a focus of international attention for its humanitarian situation was a key subject of contention Tuesday during a joint press confe...

Don’t Underestimate Threat Of Nuclear War, Russian Foreign Minister Warns

Topline Russian Foreign Minister Sergei Lavrov on Monday said that the threat of a nuclear war “should not be underestimated” as he accused NATO of engaging in a proxy war with Russia in Ukraine, a wa...

Russian Tax Authority Proposes Crypto Use as a Foreign Trade Payment Tool – crypto.news

According to a report published by Izvestia, Russia’s Federal Tax Service (FTS) gave its feedback on the draft of a crypto bill submitted by the Finance Ministry. The tax agency proposed allowing comp...

Russian Foreign Trade might involve crypto and BItcoin in the future

Crypto guideline in Russia are underway with the Federal Tax Service (FTS)  A suddenly unpolished recommendation might be passed soon in the country   It will allow Russian organizations to allow cryp...