Russia and China agree on the Power of Siberia 2 pipeline route for 50 bcm of annual gas. The deal accelerates energy trade de-dollarization with crypto implications.

Russia has been pushing for years to build a new pipeline to China to deliver billions of dollars' worth of natural gas to its close ally.

Russian President Vladimir Putin and Chinese President Xi Jinping are expected to discuss economic cooperation, energy security and geopolitical issues during talks in Beijing,…