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Printemps becomes first European store to accept crypto payments, marking a milestone in the European luxury goods industry.
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🇷🇺 Alexander Babakov, Deputy Chairman of the Russian State Duma, recently called out President-Elect Trump's tariff threats as a bluff, stating that while it would be possible to apply these measures, it was unlikely due to the repercussions of such actions. 📰 In an opinion piece published on Izvestia, Babakov considered the high interdependence of today's globalized economy, the existence of alternative payment methods 💳, and the internal opposition that such a measure would garner would hinder Trump's initiative. 💰 In his tariff statement directed to the BRICS, Trump argued that this tariff regime would be applied only if these countries created a new currency 💱 and decided to abandon the U.S. dollar. Babakov countered this idea, stating that a single currency was not necessary for the future of the bloc, and that a multilateral payment platform 🌐 would help reach the same goal.
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