🌀At the BRICS summit in Kazan, Russian Finance Minister Anton Siluanov announced that the future BRICS Bridge payment system could replace banks and utilize digital financial assets. According to the official, a series of proposals from regulators and financial authorities for the development of BRICS Bridge are already prepared for the heads of state. Earlier, Russian President Vladimir Putin mentioned negotiations with BRICS countries regarding the use of digital assets in investment processes.
🌀The minister emphasized that the current financial messaging system has become a victim of political pressure, as has the global settlement infrastructure in general. Therefore, Russia and some other countries feel the need for a new system.