SWIFT CBDC threatens BRICS monetary project

7:17 a.m. ▪ 3 min reading ▪ by Luc Jose A. A central bank digital currency (CBDC) linked to the SWIFT network should be launched within a…

The euro versus new reserve currencies of BRICS and ASEAN

Emerging countries are actively working on an alternative to the current monetary system. Their fear is that the United States and Europe will increasingly use their existing…

BRICS bet on blockchain

BRICS will test trade between member countries in national currencies in 2024 via a common system. The “BRICS,” which originally included only Brazil, Russia, India, China and…

BRICS+ countries to launch payment system based on blockchain and digital currencies

The joint blockchain project for BRICS+ countries appears to be coming to fruition, according to a recent statement by Kremlin aide Yury Ushakov in an interview. While…