The BRICS group is analyzing the creation of cryptocurrency payment systems to maximize the use of these assets in transnational transactions.
This was stated on Friday, March 14, by Ambassador Mauricio Lyrio, Brazil's representative at a local forum.
Lyrio stated that "the use of…
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BRICS group
Brazilian president invites Mexico, Colombia and Uruguay to next BRICS meeting
Mexico, Colombia and Uruguay have been invited by the President of Brazil, Luiz Inácio Lula da Silva, to participate in the next BRICS summit, which will take place in Rio de Janeiro next July.
The Brazilian leader considers the presence…
Russia works on two crypto exchanges and stablecoins linked to the Chinese yuan
Reports linked to the BRICS group suggest that Russia would be working on two crypto exchanges and stablecoins linked to the Chinese yuan as new payment systems on the path towards the de-dollarization of its economies.
Reports have…
BRICS payment system will be adopted by 160 countries
The BRICS group is ready to launch its own payment system, which will be called Brics Pay and which, according to recent data, would be adopted by 160 countries.
The group, made up of Brazil, Russia, India, China and South Africa, has a…
China plans to work with Brazil in comprehensive strategic partnership
This Saturday, the Minister of Foreign Affairs of China, Wang Yi, expressed his intentions to strengthen ties of union and cooperation with Brazil, in order to promote a comprehensive strategic partnership and continue advancing in the…