House passes historic cryptocurrency bill to regulate stablecoin

Loading player...

The US Congress has passed its first major cryptocurrency legislation — the GENIUS Act, aimed at regulating stablecoins and paving the way for wider adoption of digital assets in everyday finance.

Also on the programme, Meta settles an $8bn lawsuit over data privacy breaches tied to the Cambridge Analytica scandal. Roger Hearing asks what the outcome means for Big Tech.

And Arsenal smash records with the world’s most expensive women’s football transfer.

17 Jul 6PM English United Kingdom Business

Other recent episodes

Wall Street ends another week at record highs

It's been a busy few weeks on Wall Street's financial market, as stock valuations are close to record levels. The S&P 500 index has hit a string of all-time peaks this month, while US corporate borrowing costs are nearing their lowest level in decades, and Nvidia became the first company…

25 Jul 6PM 27 min

Thailand-Cambodia border: all trade between two countries is stopped

As a long running dispute over territory in Thailand and Cambodia escalates, we ask how trade between the two countries has been affected and how important it is to the economy of the region. We're also looking at Volkswagen's fortunes, with both changing tariffs and new competition to deal with…

25 Jul 11AM 27 min

Trump clashes with US central bank chair during visit

President Donald Trump claims further renovation budget overruns adding pressure on US Federal Reserve Chair Jerome Powell to lower interest rates. Roger Hearing hears reaction from Loretta Mester, the former Cleveland Fed President. Profits plummet at LVMH, the makers of luxury champagne, jewellery and expensive handbags. And as women’s football…

24 Jul 6PM 27 min

China and European Union leaders talk trade and critical minerals

China's President Xi Jinping calls for mutual trust and stronger communication with the EU as he welcomes the Commission president Ursula von der Leyen to Beijing. The leaders have discussed trade imbalances, tariffs and critical minerals among other issues. Meanwhile the European Investment Bank starts its Boost Africa initiative in…

24 Jul 11AM 27 min

Is a trade deal between the US and the EU now very close?

The European Union is racing to secure a trade agreement with President Donald Trump to avert sweeping tariffs. German Chancellor Friedrich Merz has expressed optimism, saying “decisions” could be near. We also examine why children’s films are once again powering Hollywood’s box office. And how mounting pressure is pushing gaming…

23 Jul 6PM 28 min

All episodes