🌟🇪🇺 A consortium aimed at launching a euro stablecoin to compete with American stablecoins has expanded to 37 banks, including Intesa and ABN AMRO. This initiative seeks to challenge the dominance of the dollar in the stablecoin market, as reported by Bloomberg. For more details, visit here.
🚀 Bitwise has labeled the token HYPE as undervalued, despite its significant growth since the start of the year.
🛢️🇷🇺 The world cannot do without Russian oil, leading several countries to lift restrictions, according to Novak.
🚫🛢 The CEO of Adnoc stated that the blockade of the Strait of Hormuz has resulted in the largest disruption of energy supplies in recorded history.
🚨 The possibility of creating a digital dollar (CBDC) is being explored behind closed doors, despite Trump's promises. This revelation comes from the head of the CFTC, highlighting ongoing discussions about the future of cryptocurrency in the U.S. As the landscape evolves, the implications of a digital currency remain a topic of significant interest.
🚗 Sales of electric vehicles in Europe have surged significantly due to rising petrol prices amid the ongoing conflict in Iran. This increase reflects a growing shift towards alternative energy sources as consumers seek to mitigate the impact of fuel costs. For more details, visit RTRS.
🚨🇺🇸 The United States conducted a test launch of the Minuteman III intercontinental ballistic missile.
🌟 Russia's cryptocurrency market is set to evolve into a three-tiered infrastructure: the classic market, the digital financial assets (DFA) market, and the cryptocurrency market. Tokenization leads the way, and cryptocurrencies will not be banned in Russia. While some countries opt for prohibitions or experimental frameworks, Russia is taking a more liberal approach. Dmitry Aksakov, Executive Director of VEB.RF for DFAs, and Ivan Chebeskov, Deputy Minister of Finance, discussed upcoming changes in the cryptocurrency and DFA markets following the adoption of new regulations — more details.
⚡️ Russian e-commerce giant OZON has announced that its shareholders have approved dividends for 2025. The approved dividend stands at 70 RUB per share. The cutoff date for eligibility is set for May 26.
🚨 President Vladimir Putin has concluded his visit to China, according to CCTV. The trip focused on strengthening ties between the two nations, with discussions on various economic and political issues taking place. The outcomes of the visit are expected to enhance cooperation in several key areas. Further details are anticipated in the coming days.
🌕 The gold reserves of the Central Bank of Russia have dropped to levels not seen since February 2022, totaling 73.9 million troy ounces, according to RIA.
🇷🇺 T-Tekhnologii reported a 1.5-fold increase in operating profit under IFRS in the first quarter, reaching nearly 49 billion rubles. The report is scheduled for release on May 21.
⚡️ Former U.S. President Donald Trump expressed confidence in his relationship with Russian President Vladimir Putin, stating, "I have a good relationship with Putin, and we will meet at the G20 summit." The comments came during an interview with Al Hadath, highlighting Trump's ongoing ties with Russia amidst global political tensions.
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🚨 Russia's CARM has announced a dividend meeting set for May 25, 2025. Investors are encouraged to stay informed about upcoming developments regarding this announcement. Further details can be found on their official site.