Russia’s relationship with blockchain and cryptocurrency wasn’t clear, but the country is making steps toward digital economic development.
BRICS News
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How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy development?
2556Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries.
5217The creation of a new cryptocurrency for BRICS member nations was discussed at the 11th annual BRICS Summit 2019.
6011The Indian government has approved an MOU on the joint research of blockchain technology application under the BRICS Interbank Cooperation Mechanism.
6591Major banks from BRICS member states; Brazil, Russia, India, China, and South Africa, will study blockchain tech implementation.
21727Two Russian power stations will be transformed into cryptocurrency mining operations, according to local media reports.
62300Cryptocurrency could appear as an officially sanctioned settlement method for BRICS countries, reports state.
16332Indian Ministry of Finance commissions may change the way the country looks on virtual currencies.
15949A crashing rupee, a horrible landscape for emerging markets and an arrogant Indian government in denial means that Indian markets are dead on arrival. But there’s a way out.
593The world is now ready for a better, 21st-century way of doing business. Using the USD for international trade is like using a newspaper to get the latest news.
2652Yury Chikhanchin, the Director of the Federal Financial Monitoring Service in Russia warned about the future collapse of the MMM Pyramid Scheme of Sergei Mavrodi in China.
1235Bitcoin price is on another epic bull run, almost exactly 24 months after the last epic bull run. In 2013, it gained upwards of 1000% in relative value to fiat currencies worldwide.
2134Westerners are funny people. Westerners have never experienced currency devaluation, EVER! “The Almighty Dollar” has ruled the world their entire lives.
7150To say these are unprecedented times is an understatement. Global Central Banks are using every single monetary policy tool at their disposal to try and fight the forces of deflation and this has resulted in currency wars. In fact, 15 central banks have eased monetary policy in one way or another this year. Since this is a global economy each move made has far reaching affects upon all nations and their abilities to control the imbalances being caused by central bank brute force.
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