Putin announced BRICS plans to introduce digital currency and create a cross-border payment system: 30+ countries ready to cooperate 💱

436 Total views in all languages

BRICS aims for global economic growth, emphasizing independence from external influences. At the summit in Kazan, new memberships will be discussed, with over 30 countries expressing interest in cooperation. Key initiatives include the creation of digital currency and a cross-border payment system to strengthen economic ties.

Russian President Vladimir Putin noted the role of BRICS in the global economy. A new group with the participation of Egypt, Ethiopia, Iran, and the UAE will become a counterbalance to the West. The use of digital currencies is also planned for financing investment projects.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

RoadMap

Top Articles of the Last 10 Days

Microsoft is developing its own AI models and testing alternatives to OpenAI to compete in the technology space, investing $14 billion and hiring industry experts

Colombia has proposed a new bill to regulate the cryptocurrency industry with the goal of protecting users, combating fraud, and stimulating investments in the country

Binance launches a voting mechanism for the listing and delisting of tokens, providing users with more control and supporting new promising projects

Fraudsters stole 1.2 million dollars from Kent residents using fake police reports to obtain cryptocurrency wallet data and access funds

El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering

The US has begun returning Chinese cryptocurrency mining machines after their confiscation due to security regulations and trade sanctions against China

The Cardano Foundation enters into a strategic partnership with SERPRO to implement blockchain technologies in Brazil's public sector and train 8,000 employees

The hack of an anonymous TRON wallet led to a loss of $3.1 million: Researcher ZachXBT connects this incident to the attack on the Fantom Foundation in 2023, when $7 million was stolen