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"Last year, the economic bloc accepted the joining of Saudi Arabia... [BRICS currency] is hardly possible to implement, but this does not mean that it does not need to be discussed. Discussions on this matter, of course, will continue" https://english.almayadeen.net/news/Economy/brics-overtakes-g7-in-terms-of-share-in-global-gdp-in-ppp-te
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"the Saudi Arabian and Qatari governments are sizing up a huge Bitcoin investment" https://coinmarketcap.com/community/articles/65aec35fc28cdc3e9dc2e561/
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"Russia is open to the idea of using cryptocurrencies in foreign trade." https://news.bitcoin.com/russia-open-to-the-use-of-crypto-in-foreign-trade-says-central-bank-governor/
Two biggest (the only potentially usable here) stablecoins - are dollar based, so: "no way" for BRICS.
And Russia won't trust digital yuan, that's clear as crystal (and vice versa).
Additionally:
- "A 90-year-old Saudi Salafic cleric has recently issued a Fatwa, declaring Bitcoin as acceptable under Islam." https://www.altcoinbuzz.io/cryptocurrency-news/bitcoin-gets-green-light-in-islamic-fatwa/
And Saudi Arabia is able to mine Bitcoins on the cheap with (otherwise useless) methane during oil extraction (just like US oil companies already do):
- "The agreement between Aramco and SBI Holdings provides that the two companies will collaborate “in the field of digital assets”. In other words, there’s a chance that Saudi Aramco intends to place a portion of its treasury in bitcoin." https://www.cointribune.com/en/saudi-aramco-on-the-verge-of-embracing-bitcoin/
All the puzzles fit together... ;)