Member nations of BRICS at a summit recently discussed the idea of introducing a new cryptocurrency. The idea of creating a single payment system for settlements between the member countries. At a recent summit, BRICS discussed the idea of creating a new cryptocurrency, according to an official in attendance. Financial news outlet in Russia, RBC, they reported that the director-general of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said that the BRICS Business Council are supporting the idea of creating a single payment system for settlements between the member countries. The member nations; Brazil, Russia, India, China and South Africa , reportedly are planning to develop a single payment transaction system between the member countries, which could be carried out in a still-to-be-developed “BRICS” cryptocurrency. Dmitriev said: An efficiently operating BRICS payment system is capable of stimulating settlements in national currencies and ensuring the stability of settlements and investments between our countries, which form more than 20% of the global influx of foreign direct investment. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD: Broad-based euro weakness set to continue in near-term – MUFG FX Street 3 years Member nations of BRICS at a summit recently discussed the idea of introducing a new cryptocurrency. The idea of creating a single payment system for settlements between the member countries. At a recent summit, BRICS discussed the idea of creating a new cryptocurrency, according to an official in attendance. Financial news outlet in Russia, RBC, they reported that the director-general of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said that the BRICS Business Council are supporting the idea of creating a single payment system for settlements between the member countries. The member nations; Brazil, Russia, India,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
