BRICS Mulls Integration of Instant Payment Systems, Digital Currencies
The BRICS countries are considering integrating their national instant payment systems and central bank digital currencies. Sanjay Malhotra, governor of the Reserve Bank of India, said this would reduce the cost of cross-border transactions. Brazilian media covered his comments, as reported by TV BRICS. According to him, the group’s members are currently discussing several options for financial integration. He…
