Crypto Revolution in BRICS: India Leads the Way in Bitcoin Adoption

In an era where disruptive technologies are redefining financial boundaries, cryptocurrency, particularly Bitcoin, has emerged as a game-changer. No country

View Details

Russia talks up prospects of BRICS countries developing new currency

A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.

View Details

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries [...]

The post BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion appeared first on Crypto Breaking News.

View Details

Russian Official Expects Agreement on BRICS Currency This Year

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of [...]

The post Russian Official Expects Agreement on BRICS Currency This Year appeared first on Crypto Breaking News.

View Details

Russia Regulates Use of Digital Assets for International Settlements

Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing the Central Bank of Russia as the overseer of these transactions. Russia [...]

The post Russia Regulates Use of Digital Assets for International Settlements appeared first on Crypto Breaking News.

View Details

Brazil Prioritizes Crypto for BRICS Cross-Border Trade

View Details

China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report

BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow down the enlargement, sources have indicated. [...]

The post China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report appeared first on Crypto Breaking News.

View Details

Belarus Seeks to Deepen Ties With BRICS, SCO, ASEAN — Pushes for Economic Union With Zero Restrictions

Belarus President Alexander Lukashenko says his country’s response to sanctions is to deepen relations with the BRICS, the Shanghai Cooperation Organization (SCO), and the Association of Southeast Asian Nations (ASEAN). “The creation of a comprehensive economic union remains our priority,” he emphasized. “There should be no barriers and no restrictions at all. This is a [...]

The post Belarus Seeks to Deepen Ties With BRICS, SCO, ASEAN — Pushes for Economic Union With Zero Restrictions appeared first on Crypto Breaking News.

View Details

Russia Discusses BRICS Expansion, 19 Countries Express Interest

Russia has been actively discussing the expansion of the BRICS economic bloc with other member nations, according to a Russian

View Details

Robert Kiyosaki Insists US Dollar Will Die as BRICS Summit Nears, 41 Nations to De-Dollarize the World

Rich Dad Poor Dad author Robert Kiyosaki has reiterated his warning about the impending demise of the U.S. dollar as the BRICS summit approaches. The famous author anticipates the launch of a new currency by the economic bloc and the de-dollarization efforts of around 41 nations seeking to join the BRICS group. Robert Kiyosaki on [...]

The post Robert Kiyosaki Insists US Dollar Will Die as BRICS Summit Nears, 41 Nations to De-Dollarize the World appeared first on Crypto Breaking News.

View Details

BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals

The development bank set up by the BRICS bloc is negotiating with Saudi Arabia on accepting the country as a member, according to a press report. The talks come as the bank, created as an alternative to similar institutions led by the West, seeks to expand its funding options amid sanctions on one of its [...]

The post BRICS Bank in Membership Talks With Saudi Arabia, Report Reveals appeared first on Crypto Breaking News.

View Details

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not be stopped, and that the future of traditional international institutions like the International Monetary

The post Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’ appeared first on BTC Ethereum Crypto Currency Blog.

View Details

Justin Sun Plans BRICS Nations to Legalize TRON Tender

Justin Sun, the CEO and Founder of TRON (TRX) appeared in an exclusive interview with Bloomberg TV this Wednesday. He

View Details

White House Says US Policy Allows Partners to Seek BRICS Membership

The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have expressed interest in joining the BRICS group, and around [...]

The post White House Says US Policy Allows Partners to Seek BRICS Membership appeared first on Crypto Breaking News.

View Details

North Korean Analyst Warns of Accelerating End to Dollar Dominance — Says BRICS Poses Challenge to US Hegemony

A North Korean analyst has cautioned that the actions taken by the U.S. to restrict the usage of the dollar and the growing interest of countries to join the BRICS bloc are “accelerating” the decline of the USD as the world’s dominant currency. North Korean State Media on De-Dollarization and the BRICS North Korea’s state [...]

The post North Korean Analyst Warns of Accelerating End to Dollar Dominance — Says BRICS Poses Challenge to US Hegemony appeared first on Crypto Breaking News.

View Details

EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card

Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top representative of one of them. He also believes the international organizations should develop a new payment system with its own bank cards. BRICS, SCO, and EAEU May Launch Common Payment

The post EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card appeared first on BTC Ethereum Crypto Currency Blog.

View Details

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements

Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With National Currencies, Russian Official Says Trade between member states [...]

The post Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements appeared first on Crypto Breaking News.

View Details

Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President

Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint work within the BRICS group ahead of the economic bloc’s leaders’ summit. Lula has been a vocal advocate of ditching the U.S. dollar in favor of national currencies and a proposed [...]

The post Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President appeared first on Crypto Breaking News.

View Details

Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says

The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart. Brazil Wants the New Development Bank Under BRICS to Strengthen as [...]

The post Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says appeared first on Crypto Breaking News.

View Details

Brazil’s President Lula Voices Support for BRICS Currency

Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian President Lula Supports BRICS Currency Creation Brazilian President Luiz Inacio Lula da Silva reiterated Wednesday that

The post Brazil’s President Lula Voices Support for BRICS Currency appeared first on BTC Ethereum Crypto Currency Blog.

View Details