Mon. Oct 14th, 2024

Totalitarian China sells military goods for cryptocurrency to the extreme aggressor

Totalitarian China sells goods of national value to the aggressor for cryptocurrency

Russian government started to transfer trade From China to cryptocurrency.

The Moscow Times reports about this.

The first group of importers who were allowed to purchase digital currencies for Chinese goods under the experimental legal regime have gone to the first group of importers. electronics, as well as members of the Chamber of Commerce and Industry of Russia and a number of banks.

It is clear that the government first selected companies that would purchase goods of secondary importance from China, which could be in conflict not only with peaceful , and for military purposes.

Such importers themselves have had the greatest difficulties with payments to banks in China and other countries. Companies with the highest turnover were also selected.

The changes give the opportunity to conduct exchange trading in cryptocurrency under the supervision of the Central Bank. The Central Bank and the Ministry of Finance are responsible for the formation of the number of features included in the EPR robot (experimental legal regime).

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It appears that at the current moment of the Central Bank, representatives of medium-sized businesses cannot reach the EPR.

Russian legislation, even without the EPR, does not prevent the purchase of cryptocurrency and the payment of it with foreign counterparties, but there is still insignificance and legal risks for the companies present. An important element of the EPR is the simplified procedure for converting cryptocurrencies from fiat currencies through banks.

However, it turns out that if you try to use cryptocurrency to circumvent sanctions, you will be quickly exposed, since all transactions in the blockchain in Open to check. This will lead the experiment of Russian power to a fiasco. Therefore, the EPR may strictly focus on types of activities that are not subject to sectoral sanctions, and on work with countries that have not introduced borders against Russia.

It seems likely that the ministry China announced the ban on the export of all civilian unmanned aircraft lethal devices that can be used for military purposes or in terrorist activities. Also, the functions of unmanned aircraft will be separated.

As it was reported, US Secretary of State Anthony Blinken spoke to the Minister of Foreign Affairs of China Wang about the legacy of the continuation of Peki support No. of Defense Industry of Russia.

Prepared by: Nina Petrovich

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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