DOI: 10.33917/es-4.202.2025.60-69

Creation of a digital international trading platform aimed at efficient settlements between companies of the BRICS countries is a key stage in developing the global economic interaction. The new BRICS Development Bank, being the holder of its own blockchain technology, becomes the central institution of this innovation era, ensuring transparency and ef ficiency in international settlements. The blockchain-based crypto wallet system provides security and efficiency for the BRICS companies conducting trade operations with foreign counterparties. The platform offers a unique settlement mechanism in BRICSCoin, backed up by strict regulatory and audit measures to ensure compliance with financial securit y standards. This initiative not only facilitates efficient international settlements, but also sets up a new standard for secure and innovative trading practices in the global economy.

The article analyzes a new phenomenon — globalization of financial-economic regulation being implemented by G20, the IMF and the World Bank. This concept, proposed by the author, is wider than interstate financial regulation and is motivated by the new assessment of financial risks as a component of macroeconomic regulation and micro-prudential supervision as a result of the global crisis. The author substantiates a conclusion about effectiveness of the BRICS countries’ participation in globalization of financial-economic regulation on a national basis in the IMF framework and within the World Bank Group (WB), that are reforming the Jamaica world monetary system. Proposed are measures for developing partnership of the BRICS countries in order to increase their representation and role in these global institutions and in creating a new world monetary system.