The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms.
The BRICS group of emerging economies plans to create a payment system based on digital technologies, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has told TASS in an interview published on Tuesday.
(Article republished from YourNews.com )
According to Ushakov, the system would be “outside of politics” and would not depend on national agendas or the fiat currencies of countries around the globe. “We believe that an important goal for the future is the creation within the BRICS framework of an independent settlement payment system that would be based on the most modern technologies, such as digital currencies and blockchain,” Ushakov stated. “It would be comfortable for any state, person and business, and would not require significant costs.” The presidential aide did not specify the details […]
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