The US Senate passed stablecoin legislation setting up regulatory rules for cryptocurrencies pegged to the dollar, in a landmark win for the ascendant crypto industry and President Donald Trump.
The 68-30 vote on Tuesday evening marked a rare moment of bipartisanship in the deeply divided Senate, despite Republicans blocking Democratic efforts to bar Trump from profiting from his many crypto ventures while in office.
Stocks and bonds posted small gains, with investors staying on the sidelines before the Federal Reserve’s monetary policy decision and release of new forecasts for the economy. Oil pulled back from a near five-month high.
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 Guy Johnson, Kriti Gupta and Lizzy Burden. (Source: Bloomberg)
