Tether considers US-only ‘stablecoin’ as Trump loosens crypto rules

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tether, the world’s most traded cryptocurrency, is considering offering a US-only “stablecoin” if Donald Trump’s administration introduces regulations to encourage new market entrants. Paolo Ardoino, the group’s chief executive, told the Financial Times it was … Read more

Trump tariffs risk large euro-area ‘demand shock’, central banker warns

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Donald Trump’s sweeping tariffs risk triggering a large “negative demand shock” in the Eurozone, a senior European Central Bank policymaker said as the ECB weighs an interest rate decision later this … Read more

Tariff fears pummel Australian stocks

Asian equities plunged in early trading on Monday as a global stock market rout continued following a weekend where US officials made no indication they would back down from Donald Trump’s sweeping new tariff regime. Japan’s benchmark Topix index fell over 9 per cent in the first 30 minutes of trading, while South Korea’s Kospi … Read more