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#dollars

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> #Congress approved the country's first ever major #crypto legislation, signaling a sea change in the U.S. stance towards these #digitalCurrencies.

> That law sets new rules for a more narrow — yet promising segment of the #cryptocurrency market called #stablecoins.

> They are viewed as a safer type of cryptocurrency because each #stablecoin must be backed by #dollars

npr.org/2025/07/19/nx-s1-54700

#Bolivia #crypto transactions up over 530% amid #currency woes

> Bolivians are facing an acute #economic crisis, with reserves of #dollars near zero, #inflation at 40-year highs and fuel shortages causing long lines at the pump.

> The South American country's currency has lost half its value on the black market this year, even as the official exchange rate has been held artificially steady by government intervention.

reuters.com/sustainability/boa

As of 12:01 am ET today, most #auto part #imports will come with a 25% import tax. Not a single one of the 10 million #cars turned out by US plants last year was built without some imported parts. The #tariffs on parts will mean tens of billions of #dollars in new #costs to American #car buyers and owners. cnn.com/2025/05/03/business/au #economy #inflation #recession #transportation

CNN · Another round of auto tariffs just went into effect. They could change the industry foreverBy Chris Isidore