Saudi Arabia will sell oil in local currencies, moving away from the US dollar after 50 years. The decision could drive Bitcoin and XRP prices to new highs, impacting global…
Browsing: BRICS
Russian authorities are moving towards greater acceptance of Bitcoin mining as a recognized economic activity, with plans to assign specific OKVED codes to mining operations. This step aims to bring…
BRICS group explores XRP for cross-border payments, indicating a shift towards its independent payment system. XRP’s current price at $0.4942 could soar if BRICS adopts it, as experts predict. The…
BRICS adoption of XRP could drive its price to $10,000. Ripple’s partnerships and tokenization boost XRP’s value potential. One major challenge to international finance is the inefficiency of cross-border transactions…
The President of Iran, Ebrahim Raisi, who is also a key member of the BRICS alliance has reportedly died from a helicopter crash that occurred in the Northwest region of…
The US Dollar dominance is under threat as the BRICS discuss the creation of an independent payment system and de-dollarization. According to the Rich Dad Poor Dad author, Robert Kiyosaki,…
Presidents of the two leading economies in the world and pioneers of the BRICS alliance have met in person for a two-day summit aimed at strengthening their ties. The two…
The BRICS mission to boycott the US Dollar is gaining massive traction. India and Nigeria just expanded this mission with non-dollar funded trade deal. India and Nigeria, two major parties…
BRICS nations have been conducting discussions on developing a new currency and fostering closer financial ties among member nations. The proposed BRICS accounting unit could potentially evolve into a real…
BRICS is moving forward with plans to launch a stablecoin for international settlements as well as lessen the dollar’s international influence. The XRP community has touted Ripple’s XRP settlement platform…
The BRICS countries are discussing the creation of a stable digital currency for international trade and sending remittances. Apart from stablecoins the platform is to enhance the CBDC platforms interoperability…
The BRICS economic alliance is advancing its de-dollarization efforts by actively pursuing the establishment of a unified financial system in 2024. The proposed “BRICS Bridge” initiative seeks to integrate the…
The United States Congressional Budget Office has warned of growing national debt. Bitcoin’s use as a hedge against the Dollar’s decline remains hot in industry expert’s discussions. The US government…
BRICS alliance becomes stronger as 36 more developing countries apply to become members in a bid to ditch the US dollar. A Russian diplomat has also proposed the creation of…
BRICS member Russia has passed new Digital Financial Assets (DFAs) to help fight the Dollar’s dominance. BRICS members are committed to displacing Dollar for international trade. Members of the BRICS…
The BRICS organization has announced the development of a crypto and blockchain-independent payment system. The system is designed to serve to align the organization to its Contingent Reserve Arrangement (CRA)…
BRICS has expanded by adding Saudi Arabia, UAE, Iran, Egypt, and Ethiopia in 2024, making it the first expansion in over ten years. This enlargement has important global consequences, with…
BRICS Nations, China and Saudi Arabia have signed a currency swap agreement to break US Dollar hegemony. Bitcoin is gaining traction as a viable alternative in the race to displace…
Russian President Vladimir Putin disregarded the US-led rules-based world order and advocated for a fair world order spearheaded by the BRICS alliance. The notable difference between the United States-led G7…
Russian President Vladimir Putin has predicted Western Banking dominance is coming to an end. Bitcoin may play a role in the imminent financial overhaul and revolution. In a bold declaration…