BRICS
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BRICS Bank Funds $39B Projects, Aims to End US Financial Hegemony
The New Development Bank has approved over $39 billion for 120 infrastructure projects in developing countries.Currently, about 20 projects are active and have received...
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Putin in India: BRICS Settle 90% Deals in Local Currencies
Vladimir Putin is visiting India to hold talks with Prime Minister Narendra Modi.About 90% of trade between Russia and India is settled in their...
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BRICS Expands Gold Pact to 33 Nations, Boosts Dollar-Free Trade
The BRICS Gold pact now includes 33 countries aiming to trade precious metals independently of Western platforms.Russia is leading efforts to establish a BRICS...
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BRICS Launches Gold-Backed UNIT Payment System to Ditch Dollar
The BRICS coalition has launched the Gold-backed UNIT payment system to promote cross-border trade without relying on the US dollar.UNIT's value is reportedly composed...
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Putin: No Rush for BRICS Currency; Cites Eurozone Woes
Vladimir Putin stated that the BRICS group is not rushing to create a common currency.He referenced the Eurozone’s challenges as a caution against hastily...
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BRICS 2026 Summit: China Pushes Yuan as Emerging Market Currency
The 17th BRICS summit in Rio de Janeiro did not result in launching a new currency or mention de-dollarization.Only China and Russia remain committed...
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Indonesia Commits $1B to BRICS Bank Boosting De-Dollarization Efforts
Indonesia has committed $1 billion to the New Development Bank as a new BRICS member.The funding supports sustainable projects and reinforces global South financial...
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BRICS Members Favor US Dollar, Stall New Payment System Push
Several BRICS members continue to prefer using the US dollar for trade settlements.Russia expresses disappointment at the reluctance to adopt a new BRICS payment...
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Tech Giants Found AI Payment Protocol Group
The x402 Foundation launched on Thursday by the Linux Foundation to govern an AI payment protocol, backed by tech...
Elliptic Links $286M Drift Protocol Hack to North Korea
Elliptic attributes the $286 million exploit of Drift Protocol to actors linked to North Korea (DPRK), marking the 18th...
Coinbase Wins Trust Charter, Won’t Become A Bank
Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency to establish Coinbase National Trust...
