Russian President Vladimir Putin has suggested the creation of a digital asset platform within the BRICS bloc to enhance investment in emerging economies in South Asia, Africa, and Latin America. This initiative aims to introduce new channels for capital in high-growth regions. Putin proposed the establishment of a unified digital asset system among BRICS countries to facilitate electronic payments and attract investments in developing markets. He emphasized the platform's potential to drive economic growth in rapidly urbanizing regions, highlighting factors such as population growth, capital accumulation, and urbanization rates. The BRICS group, which recently welcomed new members and discussed expanding its global influence, aims to reduce reliance on traditional Western financial systems through initiatives like the proposed digital asset platform. Discussions on the platform's technical and regulatory aspects are expected to continue among BRICS members. CryptoSlate provides comprehensive crypto news, insights, and data, focusing on Bitcoin, macro, DeFi, and AI. Read more AI-generated news on: https://app.chaingpt.org/news