BRICS Association News

BRICS members explore stablecoin payments and a platform to conduct CBDC payments, aiming to enhance financial cooperation, a Russian official says. Stablecoins might become a tool for international settlements among BRICS members, as the alliance has already set up a…

Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide…

In 2024, the IRS will focus on compliance initiatives associated with high-income and high-wealth taxpayers. For institutions, noncompliance can result in exclusion from access to US markets.

With the BRICS nation exploring de-dollarization to minimize the impact of FOMC policies on the global market, does crypto have a role to play?

Bangladesh has made an official request to join the BRICS coalition, as reported by the Dhaka Tribune.

In a bid to facilitate swift payments between BRICS countries, the BRICS Business Council has proposed the creation of unifying cryptocurrency in a forum in Brazil. The crypto asset will be used as a single payment system for settlements between…