India proposes linking Brics countries’ CBDCs
Bloc, which has already committed to improving payments interoperability, faces geopolitical challenges
The Reserve Bank of India has proposed that Brics countries link their central bank digital currencies, two sources have told Reuters.
The central bank has reportedly recommended that a proposal to link the CBDCs be added to the agenda of the 2026 Brics summit, the news agency reported today (January 19). India will be hosting the summit as part of its chairmanship of the bloc.
The reported proposal builds on a declaration made at the 2025 summit in Brazil, when Brics members pledged to
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