BRICS Payment System a SWIFT Substitute? Network to Implement Digital Assets and Financial Messages
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The Russian Finance Minister offered insight into the inner workings of the new BRICS payment system at the recent summit held in…
Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar
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The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies…
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
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A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the…
Expert Dissects $60 Forecast For XRP Price
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Este artículo también está disponible en español. A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven…
Swift to Pilot Digital Asset and Currency Transactions in 2025
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Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in…
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
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Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims…
Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments
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The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project…
BRICS Advances Toward Independent Digital Payment Platform, Russian Official Says
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The BRICS economic bloc is progressing towards a digital payment platform, Russia’s Federation Council Speaker Valentina Matviyenko has revealed. The initiative, named…
Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality
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Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system,…
Companies Turn to Crypto for Payments as G7 and EU Mull Sanctions on Russian SWIFT Equivalent
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Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At…