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BRICS Digital Currency ‘Could Launch in 5-10 Years,’ Experts Claim


Experts in Brazil think BRICS leaders will agree to launch a digital fiat for the bloc at a summit next week. The experts said the coin could debut in the next five to 10 years. Per CNN Brasil and Tass, Evandro Caciano, the head of foreign exchange at Trace Finance, claimed that the nations...

Russia Will Use CBDC Pay Benefits & Evade Sanctions, Experts Claim


Russian experts say they think that the government will use the digital ruble to pay state benefits – and think the CBDC could be used to evade sanctions. With just days to go until Russia pilots the coin, experts have been examining the scant details that have thus far been forthcoming prior...

Bankruptcy Tussle Between Crypto Firms FTX and Genesis Nears Resolution 


The long-standing legal feud between FTX Trading and Genesis Global Holdco is taking a turn towards resolution. The two parties have reached an initial agreement, in principle, following bankruptcy protection disputes that have made industry headlines. An official letter to the bankruptcy judge...

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