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February 21 – According to a Nikkei report, a senior Japanese government official stated that the US Supreme Courts ruling that Trumps retaliatory tariffs were invalid will not affect Japans first round of investment projects in the United States. The official stated that these projects, funded by Japans $550 billion investment commitment (in exchange for tariff reductions), are necessary for Japans economic growth and economic security, and also expressed a positive outlook on future investments beyond the second round and subsequent projects.February 21st - According to data from online platforms, the total box office revenue (including pre-sales) for films released during the 2026 Spring Festival has exceeded 4 billion yuan. "Pegasus 3," "Silent Assassination," and "Boonie Bears: The Big Adventure" ranked in the top three.On February 21, South Korea stated that the US Supreme Courts rejection of President Trumps emergency powers to impose tariffs would not undermine the broader trade agreement reached with the United States. The South Korean Minister of Trade, Industry and Energy convened an emergency meeting on Saturday to assess the ruling. In a statement, the Ministry of Trade, Industry and Energy said the ruling invalidates the current 15% reciprocal tariffs applicable to South Korean goods. While the ruling increases uncertainty for exports to the US, the overall framework of export conditions guaranteed under the Korea-US tariff agreement will remain unchanged. The ministry pledged to take comprehensive measures to protect national interests and South Korean businesses. The ministry stated that industry-specific tariffs imposed on automobiles and steel under other laws remain in effect and are unaffected by the court ruling.On February 21, JPMorgan Chase filed a request with the court to move its lawsuit against President Trump over the closure of his accounts from Miami to a federal court in New York. The company stated in its filing that Trump and several of the companies involved in the lawsuit gave written consent at the time the accounts were opened that any disputes would be litigated in New York, where the bank is headquartered. JPMorgan Chase also stated that moving the case is in the public interest due to the overwhelming connection between the dispute and New York. According to the banks filing, the accounts in question were opened in New York, the bankers managing these accounts are based in New York, and the alleged activities that triggered Trumps lawsuit also took place in New York. Trump sued the bank and its CEO Jamie Dimon in January of this year, seeking at least $5 billion in damages, accusing the bank of "debanking" him and his companies after his supporters stormed the U.S. Capitol on January 6, 2021.February 21st - According to forecasts, the Qiongzhou Strait will see a peak in return travel from today until the seventh day of the Lunar New Year (February 20th-23rd). For water transport, maximum capacity will be utilized, with increased ship frequency and timely release of additional vehicle and passenger tickets in different time slots. Railway ferry tickets and tickets for off-peak periods are relatively plentiful. Civil aviation is also actively working to increase capacity to ensure smooth travel to and from the islands. Meanwhile, to minimize queues and waiting times, passengers are advised to adjust their travel plans accordingly and travel during off-peak hours.

Ukraine's 'Father of Crypto' Says the Crypto Scene Has Changed Due to War

Cory Russell

Apr 06, 2022 11:17


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Michael Chobanian, the founder of KUNA, spoke on the state of crypto before and after the war.

He said that crypto has become Ukraine's most valued currency.


Instead of entering the army, Michael worked for the government as a crypto banker.


The invasion of Ukraine by Russia is a disaster that will be remembered for Russia's harshness, lack of mercy, and terrible methods. However, certain advantages came to the world of crypto in the form of acceptance amid the most awful of circumstances.


Michael Chobanian, the founder of Ukraine's largest crypto exchange, KUNA, emphasized how dramatically the crypto industry has altered in the previous month in an interview with Bloomberg.

Ukraine and crypto

For more than eight years, Michael has been a proponent of all things crypto. Since becoming a full-time crypto actor in 2013, Michael has had to deal with government raids and other issues.


And, in order to defend crypto enterprises, he has served as President of the Blockchain Association of Ukraine. The most dramatic developments in Ukraine's crypto space, on the other hand, occurred only at the start of the conflict.


Before the conflict, KUNA was used to processing $1 million to $4 million in volume every day, according to Michael. But, since February 24, a lot has changed, and crypto has emerged as a critical component of the war effort.


The once-dominant payment methods of USD and cash have now become obsolete.


"No one wants cash because you can't really transport it outside of the nation and you can't really store it safely." Crypto is becoming the most valued type of currency in Ukraine. Everyone wants crypto because it is the quickest, most flexible, simplest, and least bureaucratic method of storing and spending money. "In Ukraine, crypto is the new king of money." The amount of crypto donations received by Ukraine (Bitcoin, Ethereum, etc.) has supported the war effort with over 5,500 bulletproof vests, 500 helmets, night-vision goggles, and medication.


As a result, instead of entering the army, Michael became a government crypto banker. "I'm in charge of collecting, fundraising, and storing crypto, as well as trading crypto for crypto and crypto for fiat, creating bank accounts for intermediaries or the government, and then buying anything the Ministry of Defense requires," he explained. We also locate vendors ready to offer us humanitarian items, such as helmets or protective jackets, in exchange for crypto. So I'm in head of this government-run virtual crypto fund."


In the last month, the Crypto Efforts Ukraine has gathered over $100 million in crypto donations to fund the battle effort. This covers things like bitcoin contributions and NFT sales, among other things.


In addition, the Ukrainian government has established the NFT War Museum, the revenues of which will be used to assist the administration.


On the other side, Russian Foreign Minister Sergei Lavrov has been traveling throughout the world, pleading for assistance in evading Western sanctions.


Sergei stated today during a visit to India that India and Russia are friends, praising the country's non-biased viewpoints, and that in the future, "it is absolutely clear that more and more transactions will be done through this system using national currencies, bypassing the dollar, euro, and other currencies."

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