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Congress approves first-ever crypto rules for stablecoins
The GENIUS Act could soon become the first US law to bring stablecoins under federal oversight.
The US Congress has passed the GENIUS Act — the first federal bill aimed at regulating stablecoins, a type of cryptocurrency tied to the value of the US dollar.
Also on the programme: the US Federal Reserve weighs inflation risks and Trump’s tariff threats The ÃÛÑ¿´«Ã½'s Victoria Craig speaks to Boston Fed President Susan Collins.
And Uber invests $300 million in Lucid Motors, with plans to launch its own fleet of self-driving robotaxis.
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Fri 18 Jul 2025
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ÃÛÑ¿´«Ã½ World Service & Live News
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Business Matters
Global business news, with live guests and contributions from Asia and the USA.