Putin Proposes BRICS Digital Currency to Boost Emerging Economies

Quick Summary:

This plan, which Putin shared during a BRICS media meeting, aims to offer a non-inflationary instrument to boost economic growth in developing economies.

Vladimir Putin has announced the introduction of a new digital currency investment tool for BRICS nations.

The plan marks a shift from traditional financial systems dominated by Western institutions, opening the door […]

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Author / Journalist: Coin Edition

Category: Crypto

Markets: IndiaBrazilChinaSouth Africa

Topics: Market News News Cryptocurrency Ripple Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 08:20:00 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 109 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23149497

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