In response to the recent fines imposed by the European Union on the American tech companies Apple, Google, and Amazon, U.S. President Donald Trump called the move “discrimination” and promised additional investigations and tariffs.
“The European Union is at it again and, as always, has targeted major American companies directly! After fining Apple $15 billion, Meta $3 billion, Amazon $2.5 billion, and many others for no reason at all, we have just been informed that Google—a truly cutting-edge and amazing company—has been fined another $1 billion without any explanation,” he wrote on the social media platform Truth Social.
Trump emphasized that the total amount of fines imposed on Google exceeded $18 billion.
“This illegal and highly discriminatory practice began at such high levels during the first year of Joe Biden’s administration, but it will not continue under a Trump administration,” he stressed.
Trump noted that the U.S. “will immediately launch a Section 301 investigation into the practice of ‘robbing’ American companies and, as a result, American taxpayers.”
The U.S. president promised a “very high price” for the European Union for “this illegal and highly unethical behavior.”
“The fines will be completely rescinded, and we expect a substantial tariff to be imposed on them as soon as possible,” Trump promised.
As reported, the European Commission (EC) announced on Thursday its decision to impose a fine of 890 million euros on Google for violating the Digital Markets Act (DMA).
Source: https://truthsocial.com/@realDonaldTrump/posts/116976043318889040
If you are creating your own application and registering a corporate developer account in the Apple App Store or Google Play, you will most likely be required to provide a D-U-N-S Number when completing the documentation. For many Ukrainian technology companies, this requirement comes as a surprise at the final stage of launching a product.
A D-U-N-S Number, also known as a DUNS number, is a unique nine-digit identifier of a legal entity in the international Dun & Bradstreet system. It allows digital platforms, banks, investors and foreign partners to compare information about a company and verify that it is genuinely registered, has a confirmed address and a defined legal status.
Apple requires a D-U-N-S Number when registering a company or another organisation in the Apple Developer Program. The corporation uses it to verify the applicant’s legal name, address and status.
The company must be an independent legal entity capable of entering into agreements with Apple. A trademark, project name, branch or conventional commercial name is not suitable for such registration. It is the official name of the legal entity that will be displayed in the App Store as the seller of the application.
In addition to a D-U-N-S Number, the organisation will need:
If the application is registered by an individual or an independent developer, Apple does not require a D-U-N-S Number. However, in this case, the developer’s personal name, rather than the name of the company or brand, will be indicated in the App Store as the seller.
Google also requires a D-U-N-S Number when creating a developer account on behalf of an organisation. The number is used to verify the company together with the Google payment profile data, official registration documents and the identity document of the authorised representative.
An organisational account is recommended for companies that release commercial products. For financial applications, cryptocurrency wallets, healthcare services, VPN applications and government digital products, Google explicitly requires registration on behalf of an organisation.
During registration, the data in Google Payments, the developer profile and the Dun & Bradstreet database must match. Differences in the spelling of the company name, address, postal code or legal form may result in additional verification or a delay in activating the account.
A D-U-N-S Number is not a licence, quality certificate or guarantee that an application will be approved. Apple and Google independently verify the software product, compliance with platform rules, security and developer information.
However, obtaining the number creates an international company profile that can be used far beyond the App Store and Google Play. Foreign corporations use D-U-N-S when registering suppliers, checking counterparties, granting commercial credit and organising international procurement. The identifier may also be required during negotiations with investors, banks, distributors and major customers.
“A D-U-N-S Number gives a company the opportunity to be recognisable in the international environment and reduces the barrier of first contact,” said Maksym Urakin, Director for Development and Marketing at Interfax-Ukraine and Head of the D&B-Interfax-Ukraine business unit.
According to him, it is particularly important for Ukrainian IT companies to create a verifiable digital profile in advance. A developer may have a high-quality product and a strong team, but for an American platform, it is initially an unknown legal entity whose data must be verified.
A D-U-N-S Number helps link the application not only to the account of a specific programmer, but also to an officially registered Ukrainian company. This is important for further scaling, attracting investment, selling corporate subscriptions and entering the markets of the United States, the EU, the Middle East and Asia.
Before submitting an application, the company should prepare the official name of the legal entity in Ukrainian and English, its registered address, contact telephone number, information about the manager, legal form, registration date and information on the number of employees.
Before applying for a new number, it is necessary to check whether a D-U-N-S Number has already been assigned to the company. If the number exists but the profile contains outdated information, it is better to update the data rather than create a new record.
Particular attention should be paid to the English spelling of the company name and address. This information must be displayed identically in D&B, registration documents, Apple Developer, Google Payments and on the corporate website.
Obtaining the number does not always happen instantly. Apple recommends allowing up to five business days for the assignment of a D-U-N-S Number through its associated process and up to two additional days for the updated data to be transferred to its system. In other cases, international processing of the application may take several weeks, so it is better to begin the procedure before the planned publication of the application.
The official representative of Dun & Bradstreet in the Ukrainian market is the Interfax-Ukraine news agency. Its specialised D&B-Interfax-Ukraine unit helps companies obtain a D-U-N-S Number and work with the international business data database.
Specialists can help check whether a number has already been assigned, prepare information about the legal entity, submit an application and eliminate discrepancies in the corporate profile. At the same time, the final decision on registering a developer account is made directly by Apple or Google.
For information on obtaining a D-U-N-S Number, companies may contact the specialised D&B resource at dnb.ua or call +38 (044) 270-65-74.
For Ukrainian developers, a D-U-N-S Number is becoming a practical element of entering the international digital market. The sooner a company brings its legal documents, website, corporate email and international business profile into alignment, the lower the risk of delays when launching an application in the App Store or Google Play.
The volume of transfers via the international financial service “NovaPay” (TM NovaPay) in the first half of 2026 increased by 41% compared to the same period in 2025, reaching 391 billion hryvnia, according to a company statement released on Friday.
According to the statement, the number of transfers increased by 12% to 258 million.
The press release, citing NovaPay’s acting CEO Ihor Prykhodko, notes that over the first six months of this year, the financial service paid 19% more in taxes and fees compared to the same period last year—905 million hryvnias.
As previously reported, in the first quarter of 2026, NovaPay increased the volume of transfers by 53% compared to the same period in 2025—to over 200 billion UAH—while the number of transactions rose by 12%—to 126 million.
From January through March 2026, the company transferred approximately 540 million UAH to the state budget, which is 32% more than during the same period in 2025.
In 2025, NovaPay increased its revenue by 10.4% to 10.01 billion UAH, while its net profit decreased by 22% to 2.58 billion UAH.
NovaPay was founded in 2001 as an international financial service provider, part of the Nova Group (“Nova Poshta”), and provides financial services both online and offline at “Nova Poshta” branches. In 2023, the company became the first non-bank financial institution in Ukraine to receive an expanded license from the NBU, which allowed it to open accounts and issue cards; it was also the first non-bank to launch its own financial app with a wide range of financial services at the end of last year.
According to the National Bank of Ukraine, the company accounts for approximately 22.7% of the total volume of domestic money transfers.
The European Union has established a legal framework allowing member states to sell Russian oil that was previously seized and confiscated in the course of cracking down on sanctions evasion.
The relevant provision is included in EU Council Regulation No. 2026/1848 of July 23, 2026, which formalized the 21st package of sanctions against Russia. The document states the need to enable national competent authorities to safely dispose of shipments of Russian oil that they seize and confiscate. Disposing of the cargo may include selling it to third parties.
However, the new provision does not grant EU authorities the automatic right to stop any tanker simply because it is transporting oil of Russian origin. First, the state must have legal grounds to detain the vessel and confiscate the cargo—for example, a violation of the sanctions regime, the absence of a valid flag, the provision of false documents, or other violations of European, national, or international law.
The new regulation primarily specifies what authorities may do with the cargo after its lawful confiscation. Once the confiscation procedure is complete, the former owner does not automatically receive the right to the proceeds from the sale of the cargo. However, the regulation does not establish a uniform procedure for distributing the proceeds across all EU countries, nor does it provide for their automatic transfer to Ukraine. Such decisions will depend on national legislation and the specific case.
According to Euractiv, the measure is primarily aimed at cargo from vessels used to circumvent EU oil sanctions. The option to sell the cargo is intended to address a practical problem: confiscated oil must be unloaded, stored, and safely sold, which entails significant costs and environmental risks.
The mechanism is part of the 21st EU sanctions package, adopted on July 23. The package also increases pressure on the Russian oil sector, traders, and the shadow fleet, and suspends the automatic review of the price cap on Russian oil until July 15, 2027.
In practice, the new rule may make it easier for EU member states to take action against vessels suspected of circumventing sanctions. However, each detention and confiscation must have a separate legal basis, and the owners of the vessels and cargo will be able to challenge such decisions in national and international courts.
According to Fixygen, the global cryptocurrency market is nearing the end of the week without a clear direction: Bitcoin held steady at around $64,500, while Ethereum fell significantly, and inflows into U.S. cryptocurrency ETFs remained volatile.
As of Friday, Bitcoin was trading at approximately $64,400. On Monday, July 20, the leading cryptocurrency opened the week at around $64,680. Thus, the weekly decline was less than 0.5%, indicating consolidation following the market’s massive drop in previous months.
Ethereum showed significantly weaker performance over the same period. At the start of the week, its price was around $1,870, while by Friday it had fallen to approximately $1,620. The weekly decline reached 13%.
The total market capitalization of the cryptocurrency market was estimated at approximately $2.2 trillion. Bitcoin accounted for about 59% of the total market value, reflecting sustained investor demand for the largest and most liquid digital asset amid uncertainty.
U.S. spot Bitcoin ETFs saw about $274 million in net inflows over four trading days from July 20 to 23. On Monday, inflows totaled $226.8 million; on Tuesday, $203.2 million; and on Wednesday, $69.1 million.
However, on Thursday, investors withdrew $225.1 million from Bitcoin ETFs. The bulk of the outflow—$202.5 million—came from BlackRock’s IBIT fund. This virtually wiped out a significant portion of the positive results from the beginning of the week. Data for Friday had not yet been published at the time of writing.
Spot Ethereum ETFs attracted approximately $174.5 million from Monday through Thursday. Net inflows were recorded daily, including $72.7 million on Wednesday and $26.3 million on Thursday. However, these inflows were unable to prevent a decline in the price of Ethereum, indicating that pressure on this asset persists across the broader market.
Earlier, U.S. Bitcoin ETFs broke an eight-week streak of outflows, during which investors withdrew more than $8 billion from the funds. The return to inflows was a positive sign, but the volume remains insufficient to indicate a sustained recovery in institutional demand.
A report published this week by CoinGecko showed that the cryptocurrency market capitalization in the second quarter of 2026 fell by 12.6%—from $2.4 trillion to $2.1 trillion.
The market capitalization of stablecoins decreased by 1.6% to $305.1 billion. This marked the first quarterly decline in this metric since the third quarter of 2023 and may indicate a partial withdrawal of liquidity from the cryptocurrency system.
Spot trading volume on the ten largest centralized crypto exchanges fell by 27.9% in the second quarter—to $1.95 trillion. In May, the figure dropped to $619 billion—the lowest monthly level since the start of the year—before rebounding to $695 billion in June.
Trading volume in perpetual futures on the largest centralized exchanges decreased by 10%—from $14.1 trillion to $12.7 trillion. The more moderate contraction of the derivatives market compared to the spot segment indicates that traders remain primarily interested in short-term and speculative trades.
One of the week’s major regulatory developments was the publication on July 22 of an updated version of the U.S. CLARITY Act. The bill aims to establish comprehensive rules for the digital asset market and allocate authority between the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.
In May, the Senate Banking Committee approved the bill by a vote of 15 to 9. However, the updated version sparked new disagreements, particularly regarding investor protection, combating illicit financing, and limiting conflicts of interest among government officials.
Thus, the week did not provide the market with a clear signal. Bitcoin showed relative stability, but Ethereum’s decline, the sharp reversal of flows into Bitcoin ETFs on Thursday, and weak quarterly figures for exchange activity indicate that market participants remain cautious.
The final results of the week will depend on Friday’s flows into U.S. ETFs, the situation in global risk markets, and further progress on cryptocurrency legislation in the U.S.
The Ukraine-Philippines Business Forum, attended by more than 65 representatives of companies, government agencies, financial institutions, law firms, and business associations from both countries, took place on July 23 in Makati City, Philippines.
The event opened with video messages from Ukrainian Foreign Minister Andriy Sybiga and a speech by Philippine Deputy Minister of Trade and Industry Seferino Rodolfo.
Participants discussed opportunities for developing bilateral cooperation in the agri-food sector, information technology, digital services, the food industry, creative industries, as well as in the defense sector and the field of dual-use technologies.
During the forum, the business environment in Ukraine and the Philippines was presented, along with financial and legal tools for foreign companies, the results of Ukraine’s digital transformation, and the capabilities of Ukraine’s defense-industrial complex.
Representatives from the Makati Business Club, the Nordic Chamber of Commerce of the Philippines, the European Chamber of Commerce of the Philippines, and the Philippine Chamber of Commerce and Industry discussed market access, attracting investment, and developing direct contacts between companies with entrepreneurs. These organizations, together with the Ukrainian Embassy, served as partners for the forum.
The event concluded with bilateral B2B matchmaking sessions, during which Ukrainian and Philippine companies were able to discuss specific projects and areas for further cooperation.
The forum was the centerpiece of the Ukrainian business mission to the Philippines, scheduled for July 23 through August 1, 2026. Its goal is to expand the presence of Ukrainian companies in the Philippine market and in Southeast Asia as a whole.
