Brics Russia Takes Another Step On Digital Currency Push

Last updated: June 8, 2025, 23:12

Brics Russia Takes Another Step On Digital Currency Push

Russia is spearheading BRICS

Russia is spearheading BRICS’s push for a cross-border payment system using national currencies and digital assets. The initiative aims to strengthen BRICS’s financial

Russian President Pushes BRICS Toward Digital Currencies and

BRICS nations are advancing digital assets like tokenized gold and crypto to reduce reliance on dollar-based financial systems. Concerns over the U.S. dollar’s stability and

During a business forum in

During a business forum in Moscow, Russian President Vladimir Putin encouraged BRICS members to consider cryptocurrencies and other digital currencies as

By promoting a shared currency within the BRICS group and developing alternatives like the digital ruble, Russia hopes to regain control over its economic destiny and

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Russia signals significant progress in BRICS payment system

Putin proposes a digital currency plan for BRICS countries; The plan aims to reduce reliance on Western financial systems; Consultations with China, India, and Brazil are

The BRICS digital payment system

The BRICS digital payment system is envisioned as a secure and efficient platform that would facilitate transactions between member states without relying on existing