House passes historic cryptocurrency bill to regulate stablecoin

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  Hello and welcome to World Business Report from the BBC World Service.

• 00:47

  I'm Roger Hearing and on this edition, new measures to regulate cryptocurrencies in the US.

• 00:53

  Metas leaders settle an $8 billion lawsuit with shareholders angry at the cost to the company from Facebook data breaches.

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  Also,

• 01:01

  we hear from the head of the US Federal Reserve in Boston on interest rates and central bank independence and how women's football in Britain is opening up to big money transfer.

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  But first, it's a landmark piece of US legislation.

• 01:16

  Congress has agreed to a bill to regulate stablecoins.

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  Stablecoins are a cryptocurrency, but their value is pegged to a regular currency like the dollar.

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