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BRICS Summit Shaken as Xi Jinping and Putin Skip Key Brazil Meeting
By Watcher.Guru | June 2025
The upcoming BRICS summit in Rio de Janeiro has plunged into uncertainty after it was confirmed that both Chinese President Xi Jinping and Russian President Vladimir Putin will not attend. Their absence—unprecedented in the bloc’s history—raises serious concerns about the leadership cohesion and future direction of the expanded alliance.

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BRICS Inspires 15 African Nations to Adopt Homegrown Payment System
By Watcher.Guru | June 2025

Africa is now taking a decisive step toward de-dollarization, inspired by the BRICS bloc. A group of 15 African countries has turned to the Pan-African Payments and Settlements System (PAPSS)—a homegrown payment network that allows trade settlements in local currencies, bypassing the US dollar entirely.

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U.S. Regulator Orders Fannie Mae, Freddie Mac to Consider Crypto in Mortgage Risk Assessments
By Cointelegraph | June 2025

In a major development for crypto adoption in real estate, the Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to begin evaluating cryptocurrency as an asset class in their single-family mortgage loan risk assessments.

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BIS: Stablecoins Fail as Money, Call for Strict Limits on Their Role
By Cointelegraph | June 2025

The Bank for International Settlements (BIS) has issued a sharp critique of stablecoins, asserting they fail to meet key monetary standards and pose risks to financial integrity and sovereignty.

According to the newly released BIS Annual Economic Report 2025, stablecoins fall short of three essential criteria that define money in a modern financial system: “singleness,” “elasticity,” and “integrity.”

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India Reveals New Details About BRICS Currency: Launch Still Years Away
By Watcher Guru | June 2025

The much-anticipated BRICS common currency, once touted as an imminent challenger to the U.S. dollar, remains far from launch. Despite attention-grabbing announcements and mock-ups from leaders like Russian President Vladimir Putin, new statements from Indian officials reveal the project is still in its infancy.

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Ledger Unveils 'Recovery Key' — A Tap-to-Recover Hardware Option for Crypto Wallets

As crypto adoption soars, Ledger introduces a new physical key to simplify wallet recovery while keeping self-custody secure.

Ledger has introduced Recovery Key, a new physical “spare key” designed to help users recover access to their crypto wallets with just a tap and PIN entry — no intermediary required.

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Iran Stands Firm as BRICS Calls US Strikes a Global Turning Point

Iran’s defiance in the face of US military action strengthens BRICS unity, marks a pivotal moment in the global economic and geopolitical order.

Amid escalating tensions, Iranian President Masoud Pezeshkian has emerged as a symbol of resistance, leading mass protests in Tehran following U.S. military strikes on Iran’s nuclear facilities in Isfahan, Natanz, and Fordo. In response, the BRICS bloc has rallied behind Iran, framing the attacks as a turning point in Western aggression against emerging powers.