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Russian Diplomat: El Salvador Proposes Settling Trade With Crypto
31.7.2024
El Salvador has proposed using cryptocurrency as an alternative payment method for trade with Russia. The Central American nation has reportedly expressed interest in joining the BRICS bloc and may formally apply for membership within one or two years. Ukraine-Russia Conflict Echoes in Central...
BRICS Bank Could Issue Digital Currency for the Economic Bloc, Analyst Says
21.8.2023
A Trace Finance analyst has suggested that the BRICS nations could launch a single digital currency issued and regulated by the New Development Bank, also known as the BRICS Bank. He stressed that the U.S. is facing the biggest crisis in history. Many expect a common BRICS currency that would...
BRICS Nations Discuss Shared Crypto to Break Away From USD and SWIFT
26.11.2019
BRICS countries are discussing the launch of a cross-national cryptocurrency to replace the U.S. dollar and enable freedom of trade