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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 BBC'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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50 minutes

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Fri 18 Jul 202500:06GMT
BBC World Service & Live News

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    BBC World Service & Live News

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