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Ukraine’s NSSMC has proposed taxing crypto gains with an 18% income tax and 5% military levy, with 5%–9% preferential rates for some categories. Mining, staking, and airdrops would be taxed; crypto-to-crypto trades would be exempt. The proposal is now in parliament for review. — link : Wu Blockchain News
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Cakepie: The removal of veCAKE will deal a devastating blow to projects like Cakepie and PancakeSwap that are aligned for the long term. It will lead to damaged trust, loss of voting incentives, reduced appeal for new protocols, income loss for CAKE holders, increased token sell pressure and volatility, erosion of decentralized governance, and risks to an unsustainable burn model. Furthermore, Cakepie believes this is an organized governance attack, as approximately 25 million CAKE were suddenly locked in multiple wallets prior to the announcement of this proposal. — link : Wu Blockchain News
According to Reuters, the People’s Bank of China has instructed major state-owned banks to reduce U.S. dollar purchases in a move to prevent sharp RMB depreciation. The central bank issued window guidance this week, asking banks to halt proprietary USD buying and tighten scrutiny on client USD transactions. — link : Wu Blockchain News
CHINA FINANCE MINISTRY: TO IMPOSE ADDITIONAL TARIFFS OF 84% ON U.S. GOODS : infinityhedge
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Watcher Guru
BREAKING: 🇨🇳🇺🇸 China announces additional 84% tariff on US goods. : Watcher Guru
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Bitcoin $76,000
China’s Tariff Commission announced it will raise tariffs on certain U.S. imports from 34% to 84%, effective April 10, 2025, at 12:01 PM Beijing time. The move comes in response to the U.S. raising its own tariffs on Chinese goods to the same rate on April 8. — link : Wu Blockchain News
🚨 🚨 🚨 🚨 🚨 🚨 🚨 150,000,000 #USDC (150,038,738 USD) transferred from unknown wallet to Zero Hash
Details : Whale Alert
JUST IN: 🇺🇸 Former Treasury Secretary Summers says US might be headed for a "serious financial crisis." : Watcher Guru
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 230,770,000 #XRP (414,469,278 USD) transferred from unknown wallet to unknown wallet
Details : Whale Alert
JUST IN: 🇨🇳 China says "we are prepared to deal with uncertainties." : Watcher Guru
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JUST IN: 🇺🇸 🇨🇳 Treasury Secretary Scott Bessent says China can raise tariffs "but so what." : Watcher Guru
Binance To Launch LDUSDT, Their Second Yield Bearing "Stablecoin" That Can Be Used As Collateral: The Block

🔗 velo.xyz
JUST IN: 🇺🇸 🇨🇳 Treasury Secretary Bessent says "everything's on the table" when asked about removing Chinese stocks from US stock exchanges. : Watcher Guru
Binance Futures will soon launch a new reward-bearing margin asset called LDUSDT. LDUSDT is not a stablecoin but a crypto asset that can be used as Futures trading margin, while allowing users to earn Simple Earn Real-Time APR rewards. — link : Wu Blockchain News
JUST IN: JPMorgan CEO Jamie Dimon says he is hearing "recessionary talk." : Watcher Guru
Bitcoin $77,000