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De-Dollarization Surging? BRICS Bank, China, & Russia Accelerate Currency Plans

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Austin Hodge
April 30, 2025

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The latest endorsement from Xi Jinping has catapulted the BRICS Bank into the spotlight, highlighting its potential role in reshaping the economies of the Global South and accelerating de-dollarization. With this move, both China and Russia continue expanding its influence, leveraging financial power to foster robust economic collaboration.

Meanwhile, the UK redoubles it’s legislative efforts to create more favorable, yet secure regulations for crypto and digital assets as it expresses emphatic desire to become a global leader in the future of crypto.

How will these international movements impact the cryptocurrency landscape and the global financial order?

Let's dive in!

  • Xi Jinping promotes BRICS Bank growth to boost Global South economies. — Read More

  • Russian official highlights accelerating dedollarization with BRICS currency plans. — Read More

  • Italy's central bank flags potential systemic crypto risk and Trump-era crypto support as threats to market stability. — Read More

  • UK proposes crypto regulations to enhance growth and protect investors while boosting the UK’s status in the emerging crypto order. — Read More

  • Stablecoins approach $240B market cap, with Citigroup forecasting $2T by 2030 amid growing institutional adoption and regulatory initiatives. — Read More

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