The central bank of Russia is gearing up to enable both qualified and retail investors to purchase crypto assets ... Residents of the BRICS co-founding country will be allowed to purchase cryptocurrencies abroad using their foreign accounts ... .
One such alternative is the BRICS+ alliance, a coalition that has increasingly positioned itself as a counterbalance to Western-dominated global governance structures. The 10 BRICS+ nations (Brazil, ...
Banking giant ING just issued a major warning on BRICS and the future of the U.S ... “…One enduring trend is the continuing fall of Treasury holdings amongst the BRICS nations.
Moreover, a collapse of the EU–Mercosur agreement would inevitably strengthen BRICS’ appeal in South America...Brazil after all is not only a founding BRICS member but also its main bridge to the Southern Cone.
China is relentlessly dumping billions of dollars in US Treasuries while accumulating a massive amount of gold ... This shift aligns with BRICS goals to reduce reliance on US debt, with rising geopolitical risks and US fiscal deficits driving the move ... .
This December, speculation increased around plans for a new BRICS+ currency and payment system known as the UNIT...Work is under way on a common payments system known as BRICS Pay, while the BRICS+ New Development Bank could potentially issue UNITs.