BRICS Members Hoping to Develop a Digital “BRICS Pay” Cryptocurrency International Trade System
With the upcoming annual BRICS Summit in Kazan next week, speculation about a potential gold-backed digital currency and alternative payment system…
With the upcoming annual BRICS Summit in Kazan next week, speculation about a potential gold-backed digital currency and alternative payment system…
Russian lawmakers voted to legalize cryptocurrencies for international settlements in an apparent effort to dodge sanctions imposed by Western countries.…
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written…
BRICS member Russia announced the creation of a new blockchain-based payment system on March 5th. The blockchain and cryptocurrency-based payment…
BRICS inducted five new countries in January 2024 including Saudi Arabia, the United Arab Emirates, Egypt, Iran, and Ethiopia. Argentina…
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