BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements

BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements

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Deputy Chairman of the State Duma Alexander Babakov proposed producing a combined BRICS exchange utilizing blockchain and virtual currency for inter-bloc settlements. Babakov mentioned that such an company “will be the secret to the financial sovereignty and self-reliance of our nations,” while avoiding the usage of third-party payment networks…
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