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3232BRICS Nations to Expand Use of National Currencies Through New Financial Platform
https://www.digit.info/brics-nations-to-expand-use-of-national-currencies-through-new-financial-platform/
Fri, 11 Oct 2024 03:01:20 +0000https://www.digit.info/brics-nations-to-expand-use-of-national-currencies-through-new-financial-platform/Read more]]>Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to simplify transactions between member nations and reduce trade costs. Meanwhile, Russian Deputy Foreign Minister Sergey Ryabkov highlighted ongoing Western efforts […]
]]>Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System
https://www.digit.info/kremlin-reveals-plans-to-create-a-politics-free-brics-blockchain-based-payments-system/
Fri, 08 Mar 2024 05:00:46 +0000https://www.digit.info/2024/03/08/kremlin-reveals-plans-to-create-a-politics-free-brics-blockchain-based-payments-system/Read more]]>Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group would benefit from implementing such a system for the use of governments, common people, and businesses, stating that it would be convenient, cost-effective, and “free […]