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High Recycling Fee Hinders Electric Vehicle Sales
... widespread adoption. An analysis of how tax policy affects the electric vehicle market and what consumers can expect.
As of May 2025, a decline in electric vehicle sales in Russia has been recorded for the eleventh consecutive month. According to
data
from the agency "Autostat," 786 electric vehicles were sold last month — a 28% decrease compared to the same period last year. The share of electric vehicles in overall passenger car sales was merely 0.9%.
For comparison, according to ...
Trump Signs Executive Order Allowing Cryptocurrencies in 401(k) Plans
According to RTRS data, U.S. President Donald Trump will sign an executive order today,
allowing the use of cryptocurrencies in 401(k) retirement savings plans
. The initiative aims to expand investment opportunities for citizens and support the development of digital assets ...
What does the new increase in fuel excise taxes mean
... rubles per ton), and on diesel fuel by 16% (from 10,425 to 12,120 rubles per ton).
The rise in excise taxes will contribute to higher costs for oil companies, which have already faced additional expenses this year. This is indirectly confirmed by data from Rosstat, which shows that the profit-and-loss balance of oil refineries decreased by 29.4% in the first seven months of 2024, amounting to 1,563 billion rubles.
To minimize the risk of price increases in this situation, it is essential to ...
Russia Adjusts Tax Limits for Cryptocurrency Transactions
... increase in cryptocurrency prices has created favorable conditions for attracting individuals to the sector. In his Telegram channel, he stated that the surge in Bitcoin prices will attract many new investors, including from Russia.
Indeed, according to data from Paxful, the number of cryptocurrency users surged by 45% during 2020, and this trend continues to rise. In the first week of February this year, the total transaction volume exceeded 16 million rubles (approximately $217,000), surpassing any ...
Record Investments for the Crypto Industry
... completed by a company in the crypto industry.
On Tuesday, July 20, the cryptocurrency market experienced a weak day, with Bitcoin's price falling below the $30,000 mark for the first time since mid-June. However, this day proved to be historic for the crypto ... ... participated in the round, including notable players such as SoftBank and Sequoia Capital. According to the exchange’s own data, FTX currently has more than 1 million users, with the platform processing an average trading volume exceeding $10 billion ...