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India Proposes BRICS-Wide CBDC Integration to Reshape Global Finance

India Proposes BRICS-Wide CBDC Integration to Reshape Global Finance

Author:

Global Cryptocurrency

Published:

2026-01-19 19:25:02

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BTCCSquare news:

India's Reserve Bank has put forward a groundbreaking proposal to interconnect central bank digital currencies among BRICS nations. The plan aims to streamline cross-border transactions and deepen the role of sovereign digital currencies in international trade.

Technical hurdles and geopolitical complexities remain, but successful implementation could redefine economic relationships within the bloc. The MOVE coincides with ongoing discussions about a potential BRICS currency launch later this year.

Market analysts suggest CBDC adoption among emerging economies may accelerate demand for blockchain infrastructure tokens. The proposal underscores India's growing influence in shaping the future of digital finance architectures.

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