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BRICS

Is mBridge linked to the long-awaited BRICS payment solution?
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8 November, 2024

Is mBridge linked to the long-awaited BRICS payment solution?

A week after the BRICS Summit in Kazan, the BIS handed over the mBridge cross-border settlement system to the central...
BRICS members call for independent payment methods
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25 October, 2024

BRICS members call for independent payment methods

Eager to quash the dollar's global dominance, leaders of BRICS member states reconvened for a Summit in Kazan to push...
It looks like there won’t be a BRICS currency yet
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22 October, 2024

It looks like there won’t be a BRICS currency yet

Last week, Brazil called for increased use of national currencies among members, while the Bank of Russia released a paper...
Russian paper hints at BRICS cross-border payment system
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18 October, 2024

Russian paper hints at BRICS cross-border payment system

As the Kazan Summit approaches, the Russian Ministry of Finance, Bank of Russia, and management consulting firm Yakov and Partners...
Is this a hint at what BRICS currency system will look like?
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14 October, 2024

Is this a hint at what BRICS currency system will look like?

Deputy Chairman of the State Duma, Alexander Babakov, dropped a hint in late September that BRICS could use blockchain technology...
Is BRICS’ new gold-backed currency imminent?
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30 September, 2024

Is BRICS’ new gold-backed currency imminent?

With BRICS' expansion comes its ambition to create a gold-backed currency that would challenge the U.S. dollar and euro, a...
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