@Sberbank issues Russia’s first corporate loan backed by cryptocurrency to Bitcoin mining firm Intelion Data, marking a significant step in integrating digital assets into traditional banking. #Update #Crypto $BTC
BRICS trade hits a milestone with over 65% now in national currencies, as Sergey Lavrov announces a shift from the U.S. dollar in Rio de Janeiro. #Update #Finance (+4) ↗
Chinese President Xi Jinping emphasized the importance of BRICS’ New Development Bank, led by @BRICS, as a symbol of Global South cooperation in talks with NDB President Dilma Rousseff. #Update #Finance (+3) ↗
BRICS momentum accelerates as U.S. tariffs drive emerging economies to shift from Western dominance, says Ekaterina Arapova, Director at the Center of Sanction Policy Expertise. #Update #Economy (+4) ↗
BRICS accelerates its break from Western financial dominance with a new payment system, potentially challenging SWIFT’s global stronghold, says Russian Foreign Minister Sergey Lavrov. #Update #Finance (+7) ↗
Russia’s Deputy Foreign Minister Sergey Ryabkov addressed U.S. tariff threats, emphasizing BRICS’ financial modernization aims to counter global monopolistic practices without replacing the dollar. #Update #Legal (+2) →
Brazil’s Finance Ministry supports BRICS’ initiative to trade in national currencies, aiming to reduce U.S. dollar reliance despite its liquidity dominance in private transactions. #Update #Economy #BRICS (+3) ↗
Russian Finance Minister Anton Siluanov stated BRICS is considering digital financial assets for economic independence in trade. #Update #Crypto (+3) →
BRICS will prioritize secure, transparent payment systems this year under Brazil’s leadership, advancing financial sovereignty and reducing reliance on Western networks. #Update #Finance (+6) ↗
BRICS nations are accelerating efforts to establish independent payment systems, aiming to bypass Western financial dominance, Russian Foreign Minister Sergey Lavrov confirmed on Feb. 19. #Update #Finance #BRICS (+3) ↗
Russia asserts it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves, highlighting potential obsolescence amid BRICS alternatives and crypto rise. #Update #Crypto $BTC (+3) ↗ (Source: News.Bitcoin)
Russia shifts focus to BRICS, SCO, and G20 over the ‘outdated’ G7, signaling a strategic pivot in global influence priorities. #Update #InternationalRelations (+2) ↗ (Source: News.Bitcoin)
Bitcoin.com: Iran supports a unified BRICS currency, contingent on all members’ agreement, signaling potential economic cooperation amid global tensions. #Update #Economic #BRICS (+4) ↗
Bitcoin.com: BRICS prioritizes investment partnerships over currency unification, with Russian officials dismissing shared currency plans amid ongoing discussions to reduce U.S. dollar reliance. #Update #Economy (+3) →
