Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way for broader use of the technology in everyday finance.
Backed by Republicans and championed by President Donald Trump, the bill imposes federal or state oversight on dollar-linked tokens that can move around the clock and across platforms. Supporters say it could unlock faster, cheaper forms of payments — and bring legitimacy to a $265 billion market that Citigroup Inc. analysts expect could swell to $3.7 trillion by 2030.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by kriti Gupta and Lizzy Burden.
Chapters:
00:00:00 – The Opening Trade
00:01:56 – Fed Should Cut in July: Waller
00:04:40 – Battery Stocks Jump
00:06:43 – XRP Price
00:07:30 – Bitcoin Price
00:10:02 – Burberry Sales Negative
00:10:34 – Netflix Crushes 2Q
00:11:00 – UK, US Talks to Buy Missiles
00:13:58 – Jobless Claims Decline
00:20:13 – Fed Chair Job Debate
00:31:06 – EUR-USD
00:32:16 – EU Agrees New Russia Sanctions
00:38:26 – OECD Secretary General Matthias Corman
00:46:44 – Stocks to Watch: SAAB, Burberry, Reckitt
01:02:35 – Australian Treasurer Jim Chalmers
01:12:37 – APIS Partners Co-Founder Udayan Goyal
01:16:16 – Congrass Passes Stablecoin Bill
01:17:48 – Crypto Market Cap Record
01:26:14 – Russian Oil Price Cap $15
01:32:06 – Japan Elections, LDP Chance
01:34:41 – Open Championship
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