Category: BRICS
-
Will BRICS Influence The US Crypto Reserve?
•
Online confrontation erupted between Bitcoin and XRP community during the weekend, fueled by the announcement of former President Donald Trump in the past weeks about a “stock of digital assets” under the executive order of the encrypted currencies that his administration recently revealed. Although many observers expected the “Strategic Reserve…
-
Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions
•
As the 2024 BRICS summit gets underway in Kazan, Russia, crypto-related discussions have taken center stage. Lawmakers from Brazil, Russia, India, China and South Africa are exploring the possibility of Russian miners leveraging Bitcoin in international trade, with the aim of circumventing tough sanctions imposed by the United States. Lawmakers…
-
Putin Reveals BRICS’ Shift Toward Digital Currency In Investment Strategy
•
The adoption of cryptocurrencies was one of the main discussions among BRICS member states at a business forum held in Moscow on Friday. BRICS group The bloc (Brazil, Russia, India, China and South Africa) seeks to reduce its dependence on Western financial systems by offering an alternative payment system to…
-
Putin Reveals BRICS’ Shift Toward Digital Currency In Investment Strategy
•
The adoption of cryptocurrencies was one of the main discussions among BRICS member states at a business forum held in Moscow on Friday. BRICS group The bloc (Brazil, Russia, India, China and South Africa) seeks to reduce its dependence on Western financial systems by offering an alternative payment system to…
-
US dollar’s dominance secure, BRICS see no progress on de-dollarization -report By Reuters
•
Written by Andrea Shalal WASHINGTON (Reuters) – A new study by the Atlantic Council’s Center for Geo-Economics showed that the US dollar is still the world’s main reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global dependence on the dollar. The group’s…
-
US dollar’s dominance secure, BRICS see no progress on de-dollarization -report By Reuters
•
Written by Andrea Shalal WASHINGTON (Reuters) – A new study by the Atlantic Council’s Center for Geo-Economics showed that the US dollar is still the world’s main reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global dependence on the dollar. The group’s…