From left, Brazil's President Michel Temer, Russian President Vladimir Putin, Chinese President Xi Jinping, South Africa's President Jacob Zuma and Indian Prime Minister Narendra Modi pose for a group photo during the BRICS Summit at the Xiamen International Conference and Exhibition Center in Xiamen, southeastern China's Fujian Province, Sept. 4, 2017. (Wu Hong/AP)
Cryptocurrency

In Blow To US Dollar, BRICS Considers ‘Sanctions-Proof’ Cryptocurrency

While the US Dollar remains the most popular global trading and reserve currency, this is rapidly changing. A BRICS backed cryptocurrency may be both the proverbial ‘Dollar buster’ as well as a ‘sanctions buster’.