BRICS

In a recent report by TASS, a major state-owned news agency in Russia, Valentina Matviyenko, the Speaker of Russia’s Federation Council, announced significant progress on the BRICS digital payment platform, an initiative that could potentially revolutionize global financial transactions. This development comes as Russia continues to navigate the challenges of extensive international sanctions and its […]

The BRICS group of nations is reportedly set to collaborate on the development of a payment system that utilizes blockchain technology. BRICS is an acronym representing the alliance of five major emerging economies: Brazil, Russia, India, China, and South Africa. These nations joined forces with the aim of challenging the dominance of Western economic powers […]

In a recent Twitter thread, James Lavish, the co-Managing Partner of the Bitcoin Opportunity Fund, shared his thoughts on a recent announcement by BRICS nations—Brazil, Russia, India, China, and South Africa. The countries declared their intention to create a gold-backed currency, hinting at an evolving non-Western financial framework. While many observers see this as a […]