Let $V$ be a vector space and let $\tau:V\otimes V\to V\otimes V$ to be the _flip_ transformation defined by $v\otimes w\mapsto w\otimes v$ for all $v,w\in V$.
I believe what is meant by saying that the quantum Yang-Baxter and braid equations are "equivalent" is that if $R:V\otimes V\to V\otimes V$ is an invertible linear transformation, then $R$ satisfies one of them if and only if $\tau R$ satisfies the other. In other words, once you have a solution to one, you automatically get a solution to the other using the flip.