Trump Says US Must Lead Crypto to Avoid BRICS Takeover
Former President Donald Trump is doubling down on his pro-Bitcoin stance, arguing that the USA must lead in Bitcoin and crypto or risk falling behind. With the market playing such an important role in 2025, Donald Trump has said that the US must become a crypto leader, outpacing China and the BRICS alliance.
The US President-elect is issuing a stern warning to the BRICS bloc. He urged its members to abandon plans for creating an alternative currency to replace the US dollar. Meanwhile, Trump has demanded a commitment from the BRICS group that no new currency will be developed to replace the ‘mighty US dollar.’
Trump Warns of BRICS De-Dollarization and Crypto's Role
As BRICS moves towards de-dollarization, we could see a surge in cryptocurrency’s credibility and adoption among traders. Indeed, the 45th president has indicated the importance of US dominance in the crypto space to counter potential economic challenges from the BRICS nations.
Trump warned of heavy tariffs if any BRICS nation attempts to replace the dollar. Russia denies BRICS is creating a shared currency, stating investment projects are the priority; however, Trump's stance highlights the perceived threat to US economic hegemony.
Crypto Advocacy Groups and Trump's Pro-Crypto Position
As the new pro-crypto president prepares to take office, crypto advocacy groups oppose a central bank digital currency and push for strong crypto custody rules. Trump's policies are expected to align with a decentralized, market-driven approach to cryptocurrency adoption.
Who is President-elect Donald Trump and how will his policies impact the future of cryptocurrency? Stay tuned for updates as Trump takes office.